The PE-backed carrier may delay its market debut until as late as next year.
Denis Kessler will cease to be CEO from the end of June this year for personal reasons, a year earlier than planned.
Mounting wreck removal costs have been passed on to P&I insurers, with the latest claim notification rising to $788mn.
Efforts to curb covers for the most carbon-heavy assets are gaining pace and the infrastructure that allows for Paris alignment on the liabilities side of the balance sheet is improving.
Sources say the pipeline operator has at least $15mn in cyber insurance cover.
13 May 2021
The CEO says the transaction accelerates AJG's strategy in Europe by five years.
Pockets of the distressed Florida market are still expected to face a challenging renewal, but much of the remediation was carried out last year.
Hiscox’s London market rate rises decelerated from 20% in 2020 to 13% in Q1.
Underwriters voiced a cautious optimism about the outlook for 2020, but warned that the class was moving from a low point.
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