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James River also amended the convertible preferred equity held by Gallatin Point and closed its strategic review. -
This follows Ascot hiring Charlotte Brotherton-Farrell.
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Hannover Re’s CEO said the market had been disciplined.
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Lonmar, Decus Insurance Brokers and BdB will come under the Bridge Specialty International banner.
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The business will trade via London, the US and Canada.
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Fidelis 3123 and NormanMax 3939 were the first syndicates to adopt modifications.
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The reinsurer’s large losses tallied up to EUR1.3bn for the nine-month period to 30 September.
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He succeeds Christian Hermelingmeier, who is set to become Hannover Re’s new CFO.
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The storm caused major damage to one of the drinks company’s warehouses in Tennessee.
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The outgoing CEO will leave the company at the end of March 2025.
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