SiriusPoint
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The reinsurer is buying out China Minsheng affiliate at year-end.
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Under his leadership SiriusPoint has established partnerships with several marine MGAs.
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The firm is still operating within its catastrophe budget for the year, CEO Scott Egan said.
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The carrier booked $30.6mn of favourable development in the quarter.
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Q2 2023 PYD had included reserve releases in connection with the LPT to Compre.
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The carrier is expanding its MGA partnerships and has invested in its marine team.
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The executive will replace Habib Kattan, who joined the company last summer.
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The Irish MGA will be able to underwrite commercial property risk up to EUR10mn.
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A roundup of all the news you need today, including Lloyd’s chairman candidates.
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A round-up of all the news you need today, including the departure of the heads of FL and PI at Westfield.
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Tara Hill launched last month and is headed by Core Specialty’s Peter McKeegan.
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She has also been a director of Enstar Group since October 2020.
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