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After spending 20 years at Aon, Goodman will start a senior executive position with Guy Carpenter.
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Cavello Bay Re will provide paper for the MGA’s business written out of Bermuda.
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Capacity has gone up slightly, with new entrants and incumbents feeling better about their books.
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The Delaware high court’s reasoning could find application in other cases.
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The executive was previously Navigators’ head of excess casualty.
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Appointments include leadership in transportation, energy, marine and others.
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Q2 cat losses at AIG declined to $170mn from $330mn in the prior year quarter.
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Commercial liability and commercial property coverage continued to dominate the E&S market.
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The professional lines market remains ‘challenging’ overall, however.
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California posted a 47% jump YoY, from a 28.4% rise in June.
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The company also encouraged insurers and brokers to support the initiative.
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Last year, the firm obtained a Class 4 license in Bermuda.