WR Berkley
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S. Akbar Khan is a 20-year insurance industry veteran, most recently serving as a senior officer at a leading national US insurer.
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Christopher Balch is succeeding Matthew Mueller, who has been named chairman of the business. Both appointments are effective immediately.
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The company also continues to be “very mindful” of medical cost trends, which CEO Berkley noted were shifting very quickly after a benign period.
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The Inside P&C news team runs you through the earnings results for the day.
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Forte joined the specialty insurer in early 2018 as public entity SVP, CUO and COO after a spell at AIG based in New Jersey.
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Flows to the E&S market remain strong, executives have said, while dislocation in the property space continues to buoy overall pricing conditions.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Apart from public D&O and workers' comp, the specialty lines insurer is seeing “very strong submission growth”.
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The Inside P&C news team runs you through the earnings results for the day.
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The deal will result in a pre-tax net realized gain of $86mn in the second quarter.
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The new business unit will offer excess liability coverage to specialized markets, starting with environmental and energy industries.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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