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Thomas Kroely will initially focus on supporting the broker’s European expansion.
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The broker’s US retail foray will throw the cards in the air. Where might they land?
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CEO Mario Greco said his future retirement had nothing to do with bringing the plan forward.
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The company is on track to exceed its targets for 2023-25 one year ahead of schedule.
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The broker will be using Verisk US agricultural risk models.
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Claims at 9M were 15% higher than the same period in 2023.
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This year’s top-line growth will be a decade-high.
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The underwriter will manage and develop the MGA’s professional indemnity portfolio.
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The deterioration was driven by increased operating expenses.
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The international segment’s net written premium grew 15.8%.
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Parent MS&AD highlighted “strong underwriting fundamentals”.
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The floods add to an already historic loss tally for Canada in 2024.