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The figure updates an April estimate of EUR696mn. -
The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
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Staff targeted include producers that channel business through Howden’s London wholesale arm.
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PE owner Livingbridge brought the broker to market two years ago.
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The firm is currently working with 13 MGAs, including QMetric and Eaton Gate.
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Plus, the latest people moves and all the top news of the week.
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The insurer is weighing up options including entering new geographies and M&A.
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The former Everest executive has more than 30 years of A&H experience.
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Wind season remains an important variable, but also might not change current dynamics significantly.
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Jill Beggs was most recently COO for reinsurance.
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The reinsurance unit’s combined ratio for the quarter was 94.2%.
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Doan Nguyen-Huu also succeeds Claudia Valencia Lascar as unit head.
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