The Hartford

Personnel movement in the class remains elevated as carriers look to secure top talent while underwriting conditions are profitable.

The Connecticut-based insurer said $138mn in cat losses stemmed from its commercial lines segment, while $47mn came from personal lines.

After this publication reported The Hartford’s exit from AVN52B, the carrier’s Lloyd’s business has now confirmed its exit from the entire aviation war class.

Jack Bardrick will manage broker partnerships, facilitate new business opportunities and develop growth initiatives.

It’s understood that Inigo pulled out of the class due to rising reinsurance costs, while The Hartford has exited following the departure of its head of PV and terrorism, Grant Witheat.

The company increased its attachment point on the $200mn aggregate cover to $750mn, up from $700mn.

The hire follows the appointment of Keith Mather to head up financial lines for the international business.

Keith Mather will be responsible for building a book of international retail and wholesale financial lines business, as well as the long-term growth of global specialty.

The former head of international financial lines will report to executive chairman Matthew Fosh.

Syndicate 1221 is expected to return to underwriting profitability for 2021, The Hartford’s head of international Carl Bach said.

The Hartford’s customers will have access to Swiss Re’s globally standardised property wordings and online platform.

The carrier has faced a string of resignations amid a battle for talent in the D&O market.