Fidelis Insurance
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The business said it was experiencing strong momentum on the Island. -
Besides Russia-Ukraine losses, the Air India crash losses totaled $26mn.
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Net adverse development for the quarter increased 30% year on year to $89.2mn.
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Nadia Beckert was promoted to Bermuda CUO in March.
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The latest E&S player planning to IPO remains a “show me” story.
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She will continue to work with the executive team on key projects and initiatives.
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The company has settled, or is in the settlement stage, for 80% of the exposure.
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The Bermudian's first quarter cat losses totalled $333.3mn, compared to $103mn a year ago.
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Erik Manning is joining the business from BMS as head of ceded reinsurance.
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Sills’ background, a strong backing, and laser-sharp E&S focus make Bowhead stand out.
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Nadia Beckert joined the carrier as an underwriter in 2021.
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The firm projects losses from the fires at between $160mn-$190mn.
