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Most of the losses derive from France. -
The firm will provide an update on 22 November to avoid holiday season.
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He joins from R&Q Insurance Holdings, where he has been chief accounting officer.
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The broker said the casualty segment is approaching an “inflexion point”.
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The QIC-owned carrier has completed extensive remediation in the past two years.
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The results were disclosed in parent company Fairfax’s quarterly earnings.
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She will succeed Dirk Höring, who has been promoted to the HDI Global SE executive board.
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The firm is also integrating changes to its process to allow it to cover wider ground.
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The chief of markets began sick leave in late August.
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The conglomerate expects pre-tax losses from Hurricane Milton of between $1.3bn-$1.5bn in Q4.
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The commercial carrier also reported a Hurricane Milton pre-tax net loss forecast of $250mn-$300mn.
