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The company has hired Axa XL’s Irvine to lead the new platform. -
London-based US excess casualty writers are increasingly looking to attach lower in the tower.
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The program is being launched through subsidiary Southern Marine.
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Trade credit and marine are among the lines facing direct impacts amid a broader inflationary challenge.
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A survey from the carrier looked at the political risk and violence concerns of companies.
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He will oversee Ascot’s US and Bermuda insurance and reinsurance companies.
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The executive will also oversee premium audit and customer service.
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Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”.
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The package comprises a $100mn cat bond and a $70mn sidecar.
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The company is expanding availability of its large enterprise offerings.
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P&C has strengths that will help it survive this crisis, but not without some pain.
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The executive was most recently chief revenue officer at Aon.
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