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The carrier has been steadily increasing loss trend estimates.
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Doan Nguyen-Huu also succeeds Claudia Valencia Lascar as unit head.
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Softer market conditions are likely to create a wave of consolidation favoring large brokers.
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Casualty rates increased 4% globally but shot up 9% in the US.
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Jim Franson joins from Validus Re, where he was US president.
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The IPO was priced at $21 per share, up from the previous target range of $18-$20.
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A quick roundup of today’s need-to-know news, including Chubb, Sands Point, Westfield, and more.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Weatherbys Hamilton provides private client, bloodstock and farm coverage.
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Litigation seeks to block insurers from passing assessment costs to consumers.
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This is the New York-based firm’s first acquisition since launching in 2024.