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Ball will succeed Jeff Poliseno, who is set to retire.
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Ralph Beutter, currently the board member responsible for specialty lines, is set to retire in May 2025.
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In line with Milton’s moderate forecast loss, the ILS market reaction will be less influential in post-event dynamics.
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The carrier’s estimated pre-tax losses from Milton are $65mn to $110mn.
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The cyclone pool received $479mn in GWP in the year to 30 June 2024.
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The broker said Europeans are pushing hard for rate or attachment point relief.
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Another potential individual disability insurance loss of $40mn relates to a physician.
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The scheme will not be in place for 2025 as government discussions grind to a halt.
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The broker expanded margins and grew earnings per share by 17% during the quarter.
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Richard Mangion spent almost two years as CFO at Bridgehaven.
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Bullying and sexual harassment were the most commonly reported incidents.
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More broadly, the firm is looking at over 100 potential mergers in its pipeline, with ~$1.5bn acquired revenue.