Insight and Intelligence on the London & International Insurance Markets

9 February 2012

Marsh close to Berkshire-style energy quota share with Hiscox

4 March 2010

As it awaits regulatory approval for its major energy facility with Berkshire Hathaway, Marsh is thought to be close to finalising a deal where Lloyd's insurer Hiscox would also write a quota share of the broker's London energy portfolio.

According to sources, the arrangement would be structured in a similar fashion to its Project Blue facility with Berkshire, albeit with a smaller line size in the region of 3.5-4 percent, lower aggregate approval limits and a sole focus on offshore...

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