Accident and health
-
Pine Walk has grown substantially and is on course to write $1.2bn of premium this year. -
Heyburn joins from Brit, where he was A&H class underwriter.
-
The former Everest executive has more than 30 years of A&H experience.
-
The aerospace, energy and marine markets all sustained multiple significant losses in H1.
-
Plus the latest people moves and all the top news of the week.
-
More players are looking to the class in a bid for top-line growth.
-
The market is also facing potential losses from injuries to NFL stars.
-
The carrier announced a major writedown in its L&H book last year.
-
The MGA will be Pine Walk’s 13th start-up.
-
The US sports disability market has been dubbed the “problem child” due to its volatility.
-
Probitas is set to grow by around 40% this year.
-
The new European A&H business will be led by Samia Baliad, who joins the company from Axa.
-
The brokers will focus on cross-border, high hazard risks.
-
The A&H market had improved performance between 2020 and 2023.
-
Another potential individual disability insurance loss of $40mn relates to a physician.
-
Robert Rechtern has spent the last two years at Lockton as head of A&H, sport & contingency.
-
The business will offer warranty, A&H and income protection products.
-
The reinsurer’s A&H head Simon Parkinson left earlier this year to join Redriff Underwriting.
-
Sources said the Bermuda carrier has been working with Jefferies on the sale.
-
The A&H reinsurance underwriter was launched by Peter Wilkins at the end of last year.
-
RedRiff Agency will underwrite A&H insurance and reinsurance through a Lloyd’s consortium led by Beat 4242.
-
The football club initially sued the broker for £10mn in a claim connected with the death of the footballer in a 2019 plane crash.
-
The company announced on Wednesday that Liddell’s deputy Thomas Leonardo would succeed him as global head of A&H, with immediate effect.
-
The carrier said a post-Covid rebound in travel was creating opportunities in the A&H sector.
