Zurich
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The departures come six months after Karen Reutter took the helm of Zurich North America’s construction team.
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UK rates are up by 100 percent in many cases.
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At the midpoint of disclosures, this publication summarises the key trends identified by industry leaders so far.
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The company also released reserves previously held for hurricanes Harvey, Irma and Maria.
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The globalised economy of the 21st century has thrown up a few changes to the way the world works, to say the least.
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The appointment reflects a shift at Zurich within its commercial business towards specialty lines.
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The latest hire joins from Chubb.
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The pair will underwrite upstream and downstream energy risks.
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The hotel chain has $350mn of cover in place and looks set to inflict the market’s largest-ever cyber claim.
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The transfer of the pre-2007 UK liabilities will lead to a small business operating loss for Zurich in the fourth quarter.
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The company is considering adding to its catastrophe and US commercial property reinsurance programmes.
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The carrier confirms savings and other targets ahead of an investor event today.