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Hussey will take over the role left vacant when Luis Sonville moved to AJ Gallagher late last year. -
Growth and returns on equity fall, but most of the industry is still profitable.
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Former Aviva and AIA CEO Mark Wilson will lead the new initiative.
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The firm expects to replace the volume with Innovations-channel business.
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Hamilton also expects rising demand and stable supply for June 1 renewals.
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The IPO was announced at the end of April, targeting ~$2.6bn-$2.9bn.
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Jack Kuhn, President of Westfield Specialty, discusses the shifting market cycles and changing landscape at RISKWORLD 2025.
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The specialty carrier is braving volatile macroeconomic conditions in a second effort to list.
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Gallagher Re said rates had softened in 2025 versus the prior two years.
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The executive was previously a top US casualty broker.
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At his last annual meeting as CEO, Buffett highlighted the importance of Berkshire’s insurance operations.
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The primary and reinsurance unit CoRs were 103.1% and 98.7%, respectively.
