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The CUO’s turnover closely follows that of the CEO. -
The insurer's professional liability reinsurance book shrank by around 25%.
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The law imposes limits on third-party litigation funding, among other changes.
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The firm acted as the front for Trouvaille Re, the E&S property sidecar for MGA AmRisc.
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The insurer has not yet announced a successor for the 32-year company veteran.
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The BRIC program helped fund local resiliency programs, which can reduce loss costs.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Alongside Chatterjee, SVP Dharma-Wardana has also exited the team.
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The carrier surpassed the retention on its annual aggregate reinsurance cover for the year to March 31.
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Insured losses were the second highest on record for the first quarter.
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The executive has been with the firm for 20 years.
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Hill will replace Frank Sapio in the role.
