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Primary and excess casualty in the US saw double-digit rate growth and remained above loss trends in Q1. -
The remediation process is on track for completion in the fourth quarter.
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The CUO described the pricing dynamics in the line as “strong and good”.
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The reinsurer said the market was unprofitable and pricing needed to increase immediately.
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Barry Cook has led THMCCI for over 20 years, one of the longest CEO tenures in London.
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The executive also addressed the impact of the US tariffs.
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Its 2025 programme exhausts at $9.5bn excess $1bn.
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The proposals consist of supervisory expectations rather than rules.
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The new Lloyd’s chair has issued a commencement letter on his first day.
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The Nordic operations have capacity provided by Allianz Commercial.
