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Strong balance-sheet growth, marginal operating performance, favourable business profile and appropriate enterprise risk management were factors in the outlook.
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The mutual would provide capacity to a network of managing general agents, in order to increase options available for cannabis businesses.
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A hearing on the settlement has been pushed back seven times since it was first placed on the bankruptcy court's calendar for September. -
Casualty has “a definite trend towards improving terms”, the head of casualty underwriting for the US and Canada said.
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The incident has prompted the filing of lawsuits over allegations that people were exposed to high levels of Butadiene.
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Adam Lantrip, Sam Levine and Laura Burke have joined the new division.
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Colm Sheedy will work alongside senior class underwrtier Joe Murphy to expand the book.
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The Miami-based group will initially focus on developing property and casualty, employee benefits and corporate business.
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Mia Finsness will assume new global responsibilities for the insurer’s casualty portfolio.
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Gregory Schilz, Grant Nichols and Brian Lu join the broker from Marsh JLT.
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The move follows an exodus of casualty underwriters from Swiss Re’s primary business over 2019.
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Casualty rates and T&Cs should improve for 24-36 months, the executive said.
