Chubb
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Everest Re’s $1.5bn capital raise could be part of a continued pivot, or an early indicator of a shifting marketplace.
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The executive will be responsible for the growth and profitability of the carrier’s casualty lines in 51 countries and territories outside North America.
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The executive will have responsibility for lines including property, casualty, professional lines, energy and marine.
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Inside P&C’s news team runs you through the key highlights of the week.
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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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In early January, the company completed the transactions to increase its position in Huatai to 64.2% from 47.3%.
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During the first quarter, Chubb paid $200mn and another $300mn last month, according to the company’s Q1 10-Q filed with the SEC.
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This environment includes a “turbo-charged” hard market for property reinsurance, with higher pricing, reduced terms of coverage and capacity defining features.
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Inside P&C’s news team runs you through the key highlights of the week.
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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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Chubb earnings reveal strategic expansion in Asia and pricing outpacing exposure.
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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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