Sompo
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The recruit has had stints at Generali, Axa XL, AIG and Chubb. -
The storm is not expected to be a threat to the order of Jebi or Hagibis.
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The move follows the news that Lisa Skinner is leaving the A&H team at Sompo International to join Everest Re.
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The experienced executive has held leadership positions across Europe at AIG, Zurich and Allianz.
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Rupert Cousins’ departure comes nearly two months after Richard Housley, CEO of Endurance at Lloyd’s, resigned from the carrier.
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The transaction will mark Sompo International’s full withdrawal from the Lloyd’s market.
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The carrier booked a combined ratio of 91.0%, a 3.2-point improvement on the prior-year period.
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Personnel movement in marine has remained buoyant all year, as new market entrants build their headcount.
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Richard Housley joined Sompo following the acquisition of Endurance in 2017 and has held several positions at the company, most recently serving as CEO of Endurance.
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Mitsui, Tokio and Sompo are to split the loss, which will be absorbed by retentions and property XoL treaties.
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The carrier is the first Japanese company to join the insurance, asset owner and investment manager green alliances.
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The long-serving AIG executive has been on the boards of McGill and Partners and JLT since retiring.
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