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The executive also addressed the impact of the US tariffs. -
Its 2025 programme exhausts at $9.5bn excess $1bn.
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The proposals consist of supervisory expectations rather than rules.
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The new Lloyd’s chair has issued a commencement letter on his first day.
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The Nordic operations have capacity provided by Allianz Commercial.
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Lloyd’s chair Bruce Carnegie-Brown officially hands over to Charles Roxburgh today.
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The carrier reported a 3% price reduction across London market business.
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The carrier estimated its California wildfire loss at $145mn-$165mn.
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The quarter’s performance was also affected by the Washington, DC aviation disaster.
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The Bermudian reported net pre-tax cat losses of $49mn, with $32mn attributable to the California wildfires.
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The underwriter is taking on a role with Cipriani and Werner.
