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For the prior-year quarter, the carrier reported a EUR9mn loss. -
A rebound is expected this year, however, led by strong US activity.
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“We do not have the luxury of time,” he said during the Bermuda Risk Summit.
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The regulator has scotched plans to publish details of ongoing investigations.
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Earlier this week, we revealed that Louise Nevill was joining Axa XL as specialty CUO.
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Both carriers have extensive reinsurance coverage.
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Sinead Cormican has served as deputy underwriter for the past four years.
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The launch is part of MSI’s strategy to expand the capacity of its UK subsidiaries.
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Last year, the firm consolidated financial and excess liability lines under the leadership of Richard Porter.
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Aviation reserve strengthening added 10.1 points to the combined ratio.
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The group posted an undiscounted combined ratio of 90.2% during the year.
