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The LA-based firm estimated gross cat losses in the range of $1.6bn-$2bn. -
The company, meanwhile, is bullish on E&S US casualty.
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The role at PCS included acting as primary touchpoint for ILS.
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Several airlines priced down around time of the Jeju and American Airlines aviation crashes.
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Its post-tax estimate of $1.3bn is net of reinsurance recoveries.
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This year's modelled outputs have increased across all return periods.
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Gary Head led the schemes & delegated authority, FL and specialty teams at Axa.
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Underinsurance, total loss claims, and high property values have impacted loss estimates.
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Andrew Tongue joins from Canopius, where he was deputy head of credit and political risk.
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Contour Underwriting is a specialty lines MGA.
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The firm pegged industry losses at $35bn-$45bn.
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The start-up has achieved an A- credit rating from AM Best.
