AIG
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Of the 178 passengers and crew on board, no serious injuries have been reported.
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The transition will take place immediately, with Anthony Baldwin set to leave next month.
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The carrier recently started underwriting construction in Lloyd’s through Probitas.
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Sources said the claim is likely to be a multi-hundred-million-dollar event.
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The carrier is restructuring the business into three segments.
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Arta Nasradini joins from AIG, where she led the DACH aerospace team.
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The Moss Landing facility has previously faced major claims.
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The company’s stock price has plummeted in the wake of the LA wildfires.
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The carrier has used Lloyd’s London Bridge 2 structure for the launch.
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The cargo market has recently seen a string of moves as new carriers launch into the market.
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The sale of the business was confirmed in June.
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The loss ends a spell of benign claims activity in the downstream segment.
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