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Hamilton is seeing additional opportunities on the casualty reinsurance front as other players pull back, given the loss activity stemming from 2019 and prior years.

The new SVP will leverage his construction and real estate industry background to work with CAC Specialty’s clients and prospects.

Based in Philadelphia, ProVerity provides specialty products to underserved areas of professional liability business.

The commercial lines market is generally rational and disciplined, the CEO told analysts at the Goldman Sachs 2023 US Financial Services Conference.

The executive said that property cat market terms and conditions continue to be favorable, while demand is anticipated to increase in January 1 and throughout 2024.

Chris Bruno was most recently a vice president in Lockton’s Midwest cyber broking practice.

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The executive joined the firm in 2019 as senior vice president of program management and has since led the program and fronting business within the specialty admitted insurance segment.

Reagan’s quarterly report noted that private brokers booked 10.2% Q3 organic growth in Q3, the fourth quarter in a row of double-digit growth, and the fifth out of the last six.

Its combined ratio for the quarter improved nearly 30 points, particularly driven by better performance in its Bermuda segment.

Christopher Laws is eligible to receive severance benefits under the severance plan for executive vice presidents.

The executive expects the carrier to write “a bit more” property cat business in the coming renewals as it manages the exposure of its entire book.