January 22, 2025
Top Stories / Ad / Most Recent
Top Stories / Ad / Most Recent
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The carrier has also promoted Jamie Pedro to head of specialty re, Bermuda. -
The 25-year industry veteran will report directly to CEO Adrian Daws.
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The carrier will offer $10mn per risk, targeting large corporations.
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Matthew Stitham replaces Donnacha Smyth, who was promoted to global CUO, casualty.
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The move marks the firm’s intention to broaden its US reinsurance offerings beyond facultative capabilities.
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Ackman will need leaders like Ajit Jain behind him and make the right bets at the right price at the right time.
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This was the second issuance completed by Farmers via its Bermuda reinsurance vehicle Topanga Re.
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The company named two execs to head global wholesale and commercial.
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Ackman is targeting high-teens RoE at Vantage via underwriting gains and equity investing.
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The Carlyle and Hellman & Friedman vehicle will sell for 1.5x book value.
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The executive’s 30-year career includes stints at Neon, Chubb and Arch.
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Fleming Re bought the James River Re legacy book in 2024.
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