WR Berkley
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Berkley and other P&C CEOs feel loss trends will become more important.
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The decision comes after a number of carriers pulled back from parts of the aviation market.
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First quarter earnings disclosed by carriers so far have shown positive headline results as underlying loss ratios improve.
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Executives share their views on pricing across primary and reinsurance lines in Q1.
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The executive will become senior cyber underwriter at Syndicate 1967.
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Rob Berkley, CEO of WR Berkley, has said his firm will not pull out of reinsurance despite what he termed a “frustrating” period for the segment.
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The insurer reported net income per share that jumped 35 percent to $1.30 largely because of a strong investment performance.
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WR Berkley's board of directors has nominated former American Insurance Association CEO Leigh Ann Pusey to join its ranks as an independent director, according to the company.
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James Gilbert has been given oversight responsibilities over "certain" WR Berkley operating units, the carrier said today.
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Investment returns remained subdued year-on-year for the vast majority of the companies in our analysis, ranging from 1.7 percent to 6.5 percent for the third quarter.
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