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Top Stories / Ad / Most Recent
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The shares expected to be bought back in the tender offer represent around 11.5% of White Mountains' shares outstanding as of August 19. -
The firm’s leadership said a pattern of strong results is needed before triggering an IPO process.
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Jonathan Zisaruk will be based in London and report to group CEO Will Bridger.
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ABIR reported that Bermudians posted a total loss ratio of 69.9% and a combined ratio of 100.1% last year.
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Nat cat losses added 11.8 points to the combined ratio at 101.5% over five years on average, S&P has found.
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The combined ratio improvement was driven by an increase in net premiums earned, favorable development of net loss reserves from prior accident years and current devaluation.
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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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The carrier said increased demand should maintain upward rate pressure at January 1.
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The company’s property segment booked a combined ratio of 57.6%, 13.8 points higher compared to Q2 2021 due to a higher attritional loss ratio.
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The former Chubb exec will remain on the board as an independent director, along with president and CEO Jacques Bonneau.
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Peter Kiernan replaces Simon Penney, who is moving to an analytics role.
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Bill Wharton has also been installed as chair of the diversity committee.
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