Sompo
-
Emilie Hungenberg joins the carrier from Aspen.
-
The carrier benefited from top-line growth and lower adverse PYD.
-
Fierce competition for cargo talent continues in the London market.
-
Several insurers and MGAs have launched into the class of business over the past year.
-
Reinsurers’ hopes that LA wildfires will slow 1.4 softening are in question.
-
The international segment’s CoR deteriorated slightly due to increased expenses.
-
James Shea will lead the new Sompo P&C arm, while Yasuhiro Oba will become Wellbeing CEO.
-
The deterioration was driven by increased operating expenses.
-
This follows Ascot hiring Charlotte Brotherton-Farrell.
-
The hull market is currently experiencing high levels of competition.
-
The company will write marine cargo and transport logistics policies across the country.
-
The carrier unveiled major spending on overseas growth initiatives.
Most Recent
-
Daily Digest: Top news from 22 July
22 July 2025 -
LMA’s underwriting director Wooliston leaves
22 July 2025