The Hartford
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The nature of the hire demonstrates the level of competition for top talent in the sector.
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Speaking at an investor conference on Monday, CFO Beth Costello said the company expects losses to fall well below Hartford’s cat program retention.
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Plus the latest senior executive moves and all the top news from the week.
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The surge likely reflects talk in the buy-side community fuelled by tracking the latter's private jet.
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A number of employees have recently resigned from the carrier as high staff displacement continues in the D&O space.
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Staff displacement has been high in the D&O market after a period of dramatic rating adjustment in 2020.
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Hiscox, a lead market for D&O in London, takes its peer’s head of London market financial lines.
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Tegron Capital will launch in July and focus on excess-of-loss cover for publicly traded companies.
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The Chubb CEO seeks to quash speculation the carrier may return with a sweetened takeover proposal.
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Plus in-depth analyses of the accident and health and airlines markets.
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Chubb reiterates its disappointment about The Hartford’s refusal to engage.
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Chubb offered to pay up to $70 per share for the business after its $65 offer was publicly rejected.
