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Adrian Poxon also had oversight of engineering, aviation and space at Scor. -
This puts the total cumulative cash proceeds received at $319mn.
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The reinsurance veteran joins from Artex Risk Solutions.
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The strong deal multiple underscores the view of London as a “gateway to the world” for brokers.
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Most of the industry losses occurred in Austria, the Czech Republic and Poland.
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The bodies said that the benefits of diversity and scale would help improve coverage.
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Tony Simm will report to Garret Gaughan, global head of direct and facultative.
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Chairman Neil Eckert and CEO Trevor Carvey said the outlook for the market remains "very good".
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Insurance Insider revealed yesterday Stone Point will join Madison Dearborn and HPS as shareholders.
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Everest is in the process of transforming its ILS offering.
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CEO Trevor Carvey said the revision reflected Conduit’s “favourable reception”.
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The reduction in capacity reflects “strategic adjustments”.
