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The carrier also benefitted from favourable reserve development in property and A&H. -
The new team will be headed by Brown & Brown’s Ed Byrns.
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A roundup of all the news you need, including an appointment at Euclid Financial and Professional Lines.
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The underwriter was head of financial institutions at LSM for six years.
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Matthew Doherty joined the reinsurer in 2018 as SVP, property portfolio manager.
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Cat portfolios generally grew, but casualty approaches varied.
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The reinsurance CoR decreased 2.3 points to 79.5% while the primary CoR rose 4.7 points to 98.7%.
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The suit asserts the raid will cause “incalculable harm” to the broker.
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The executive joined Navigators in 2010 after eight years at White Mountains Capital.
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The Canadian insurer saw property rates dip across its global divisions.
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The MGA will initially focus on credit, energy and construction.
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