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We assess the Bermudian’s standing amid waning investor sentiment and economic uncertainty.
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The MGA also appointed CNA’s Matthew Schardt as head of casualty.
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As the industry gathers in Chicago, Insurance Insider US reviews key discussion points.
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The reduction was due to impacts from investments and less favourable PYD.
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AJG still has $2bn of M&A capacity after the AP and Woodruff Sawyer deals.
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The standard market has not ‘meaningfully’ impacted the rate of flow in the aggregate.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Planning for the carrier was halted in January due to the CEO’s health issues.
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The facility provides up to $100mn in claims-made excess casualty coverage.
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The executive has been with the firm’s underwriting team for over 12 years.
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The California wildfires in January accounted for $460mn of Q1 cat activity.
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The impact could also raise home-building costs by $10,000 per unit.