PMA Exits Re; Chair, CEO Resign

By Michael Ha

NU Online News Service, Nov. 7, 4:50 p.m. EST?PMA Capital Corporation?which earlier this week surprised ratings agencies with its decision to take a $150 million pre-tax charge to boost its reinsurance unit loss reserve?reported more changes at the company, including the departure of its top two executives.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.