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The Nordic operations have capacity provided by Allianz Commercial. -
Lloyd’s chair Bruce Carnegie-Brown officially hands over to Charles Roxburgh today.
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The carrier reported a 3% price reduction across London market business.
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The carrier estimated its California wildfire loss at $145mn-$165mn.
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The quarter’s performance was also affected by the Washington, DC aviation disaster.
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The Bermudian reported net pre-tax cat losses of $49mn, with $32mn attributable to the California wildfires.
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The underwriter is taking on a role with Cipriani and Werner.
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The days of 30%+ growth are probably behind the firm, he said.
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These resignations come as many former Acquinex employees begin their new roles at Dual this week.
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PartnerRe’s non-life division reported a Q4 underwriting result of $21mn, recovering from a loss of $188mn in the prior-year period.
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Christian Kitchen had been at Travelers since October 2022.
