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The storm is forecast to bring heavy rainfall and possible flash flooding when it arrives in the US early on Wednesday morning local time.
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The ex-Validus Re CEO will head up the pending Class 4 reinsurer after the White Mountains buy-in. -
The East Troublesome and Cameron Peak fires are two of the largest blazes in the state, with fears they could merge.
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The carrier says higher retro renewal costs will act as a counterweight to rising rates.
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The new chief joins from Hiscox ILS with a mandate to expand the reinsurer’s third-party capital platform.
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Platform planning head Tim Shreeve and portfolio manager Niall MacGillivray have left.
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The InsurTech firm will provide parametric quake insurance to Quickbooks clients in California.
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Climate change concerns “will weigh heavy” on insurers as Australian catastrophes grow.
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The US property carrier remains exposed to severe weather losses, the agency said.
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The service provides a higher level take on ex-US loss data than the Perils index
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Lawsuits launched against top property carriers hit a fresh annual high in September, data shows.
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The former Hamilton Re leader replaces Mike Krefta, who announced he was stepping down in August.
