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The program will offer limits up to $5mn. -
A quick roundup of today’s need-to-know news, including KCC wildfire estimates, Milton losses and RLI.
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The exec previously spent over 12 years at Aon, recently as chief innovation officer, commercial risk NA.
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The carrier’s Q4 operating EPS declined to $0.41 from $0.77 in Q4 2023.
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The industry loss number has increased threefold from an initial $5bn pick.
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The total includes fire and smoke damage plus living expenses for evacuees.
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The executive will replace retiree Michael Miller.
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The fire started Wednesday morning and is currently 0% contained.
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IFC corporate director and chairman of IFC GSL advisory board Clarke will succeed Miller.
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He was appointed acting CEO earlier this month, after Andrade’s departure.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The figure was 54% above the 21st century average.
