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The losses were below May’s $777mn, but almost 3x higher than for June 2024.
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The medical liability carrier said the deal marks a strategic shift.
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Total revenues grew 12% due to the contribution from acquisitions.
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SiriusPoint will provide 100% capacity for Pen’s international PI portfolio.
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Questions remain over regulatory touch, capital requirements and tax benefits
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The suit claims billions of dollars are being illegally withheld.
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In March 2024, Cowen was appointed to lead Chubb’s new international transactional liability platform.
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Coface Lloyd’s Syndicate 2546 is expected to commence underwriting in 2025.
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The latest hires follow Rob Hale’s move to Willis.
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Peter Cordell will join Syndicate 1729 in January.
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John Neal was due to start at Aon as global reinsurance CEO in September.