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Milton is expected to move north of the Yucatan Peninsula today and cross the eastern Gulf of Mexico by Wednesday.
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The executive moves from his current role as chief risk officer for Axis Managing Agency.
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The loss ends a spell of benign claims activity in the downstream segment.
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Simon Theobald joins from AIG where he was senior construction underwriter.
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The streamlined group consists of four brokers and four underwriters.
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Matt Foster joins Coalition following an eight-year tenure at Munich Re.
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Experts have raised concerns over significant rainfall, record-setting storm surge and lingering Hurricane Helene debris.
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The market organisation has commissioned Oxbow Partners to discuss implications of the burgeoning segment.
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The “exceptionally large and powerful” Category 4 storm made landfall in Florida last month.
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Space insurers are running at a near-200% loss ratio after booking losses of over $1bn in 2023.
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The Canadian pension plan put its Lloyd’s portfolio under review earlier this year.
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Starr is understood to be one of several carriers to reach an in-principle agreement with AerCap.