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The reinsurance unit’s combined ratio for the quarter was 94.2%. -
Doan Nguyen-Huu also succeeds Claudia Valencia Lascar as unit head.
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The company has also opened a fac office in Singapore.
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Jim Franson joins from Validus Re, where he was US president.
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Lucy Fraser has held roles at the ABI, and the City of London Corporation.
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Improved book value, a healthy CoR and disciplined underwriting mark the CEO’s time at the helm.
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The property segment reported a CoR of 27.4% for the quarter, down 26.5 points year on year.
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Weatherbys Hamilton provides private client, bloodstock and farm coverage.
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Bridges joins from QBE, where he spent over 17 years.
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CFO Christoph Jurecka will succeed as management board chair.
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Some 185 credit claims were reported in the market, totalling over $400mn.
