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CEO Carl Hess said WTW is entering 2025 with “considerable momentum”. -
The executive was CFO of Marsh Specialty and Global Placement.
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Stuart Heath will retain his current role of head of delegated property.
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The Bermudian’s wildfire loss estimate was based on an industry loss range of $35bn-$45bn.
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The carrier’s US platform will continue to be led by long-time executive Sal Pollaro.
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The average change for primary policies with the same limit and deductible was a 3.5% decrease.
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Anti-DEI shareholder activist groups are targeting directors and officers with increasing threats of litigation.
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A quick roundup of today’s need-to-know news, including DUAEs, surplus lines growth and Axis buybacks.
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Other backers include Arch Specialty, Allianz, Allied World and HDI.
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Interest in maintaining current DUAE relationships outweighs forging new ones.
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The new Floridian carrier plans to write homeowners’ insurance in Q1.
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The group posted a 27.5% gain for January and 23.7% for December.
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