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It is the second deliverable of the FIT Transition Plan Project. -
The expansive broker now employs over 450 people in Japan, after launching there in 2024.
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The new chair said the market must adapt for 2030 and beyond.
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The FCA is reviewing how it can simplify regulation for commercial insurers.
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The Australian carrier’s nat cat losses are A$200mn lower than its annual allowance.
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The $2.6bn deal provides Ergo with an entry point to the US SME market.
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Ex-Tropical Cyclone Alfred has been the costliest event, with A$1.36bn in losses.
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The changes affect operations in Switzerland, Bermuda and the US.
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Separately, Caribbean market head Janine Seifert is leaving the reinsurer for BMS Re.
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Lloyd’s executives have suggested ceded reinsurance syndicates could help London compete in treaty.
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The international casualty director has worked at Axa XL, Ive and Ardonagh.
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He was most recently Marsh’s US manufacturing and automotive practice head.
