-
The appointment follows Everest’s $2bn renewal rights sale of its commercial retail business to AIG. -
YTD disclosed run-off deals total 26, with $1.36bn of gross liabilities transferred.
-
The protection covers the US insurance book for the 2024 and prior accident years.
-
Bill Bouvier has spent more than three years at the legacy firm in this role.
-
Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
-
A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.
-
Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
-
It is targeting low-risk specialty lines where it has a competitive edge.
-
The carrier also benefitted from favourable reserve development in property and A&H.
-
Q2 saw a steady stream of activity in legacy, but volumes dipped slightly from Q1.
-
The legacy player is working to secure its first deal, and could look to expand to US E&S.
-
Arturo Pelaez will continue in his managing director role at Brookfield Asset Management.
