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‘Emotionally driven’ claims by non-profits underscore their unique D&O exposures, according to Travelers' Nicole Murphy. -
Piyush Patel and Sandra Russo have joined Dellwood as head of programs and AVP, respectively.
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Rates are now falling, but submissions are still rising, according to wholesale brokers.
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Irwin joins the firm from Beazley, where she’d worked since 2019.
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Carlos Becerra will succeed Delgado as Miami-based LatAm fac head.
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Last July, this publication revealed that the agency had retained Piper Sandler to run a process.
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Syndicate 609 will cede net loss reserves of approximately $196mn.
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As fires still rage, many fear early $10bn-$20bn estimates were too optimistic.
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New CEO Williamson will likely continue walking the hybrid path, with an emphasis on fixing US casualty.
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Brokerage co-presidents Jeff McNatt and Sam Baig discussed the E&S market, rates and M&A.
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The 2024 loss figure exceeded that of the previous record of C$6.2bn in 2016.
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At Zurich, Hirs served as group head of M&A and CFO for North America.
