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An industry veteran of 34 years, the executive is known for placing US healthcare business in London. -
The Risk Strategies parent company had also been the subject of bids from Marsh and Howden.
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The wholesaler also paid nearly $29mn for the Irish MGU 360 Underwriting.
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California posted a 47% jump YoY, from a 28.4% rise in June.
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The executive joined Navigators in 2010 after eight years at White Mountains Capital.
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The Canadian insurer saw property rates dip across its global divisions, but it had strong rate on liability.
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The president expects to see benefits from the deal in H2 2026.
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The Insurance Insider US news team runs you through the earnings results for the day.
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In liability, the carrier is steering away from where inflation has been volatile.
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The executive formerly held roles at At-Bay, AIG and Hiscox.
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CEO Roche said that “significant price increases” are still to come, however.
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DB reiterated that no final decisions have been made regarding a potential deal.
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