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New entrants to the line of business have heightened competition for talent.
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The carrier’s combined ratio improved by 0.7 points YoY to 91.1%.
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Two large storms hit the Midwest and Ohio Valley regions on 14-17 May and 18-20 May.
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The Lord Mayor told the CRO Summit to stop treating risk as a dirty word.
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The group reported an 89.7% combined ratio for the quarter.
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Willis has made a series of aviation hires on both sides of the Atlantic in recent weeks.
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The executive will take the global role alongside his existing US responsibilities.
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TMK formed its specialty reinsurance unit last year.
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The underwriter joined Catlin in 2006.
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Markel International has also hired senior underwriter Keely Madden.
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The underwriter has held positions at The Hanover, Liberty Mutual and Zurich.
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Broker facilities and increased US domestic appetite are accelerating the softening.