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Former Securis executive Lawrence Po-Ba will focus on sourcing capital solutions for Lloyd’s syndicates.
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Mallon and Foxall will join a 120-person international reinsurance team later this year.
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The carrier’s CFO said Florida pricing “could return to more rational levels” after years of underpricing. -
Uncertainty created by Covid-19 is driving demand, as insurers move to protect capital, Jean-Paul Conoscente said this week.
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Physical damage requirements should protect the carrier, it argued.
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BI may seep into some reinsurance and retrocession covers but insurers will take the biggest hit, said the head of ILS at Schroders.
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Former Everest Insurance CEO Jonathan Zaffino will lead the carrier’s US and Bermuda operations.
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Jonathan Zaffino had worked at the company since 2015, and served as an MD at Marsh earlier in his career
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Bill Brown was chairman of Walsham Brothers and passed away after a long fight with dementia.
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Tim Shelley, former head of risk, capital and portfolio development at Ariel Re, joins the company as a partner.
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The top ILS manager expects assets under management to decline by 7% in H1.
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Stefan Lippe steered the reinsurer through a transformation in the wake of the global financial crisis.
