AIG
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Renewable energy assets have been plagued by severe weather losses.
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Browne joins from Allianz Global Corporate & Specialty, where he was head of specialty.
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The executive is to pursue “a different entrepreneurial path”, according to an internal memo.
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In certain classes like energy or cat, AIG switched “a bit” to XoL from quota share.
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Liberty Specialty Markets is recruiting for its hull team following a number of staff exits.
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The executive is to step back for personal reasons.
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Soon Keen Lee succeeds Mark Newman, Canopius’ new UK CEO.
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Talbot has lost a trio of PV underwriters to Ark in recent months.
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Its property cat aggregate cover renewed with improved coverage.
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Talbot is rebuilding its PV team after a December Ark and Chaucer raid.
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The incoming executive previously spent 17 years at AIG, most recently as head of financial lines for MENA.
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AIG leads the placement, WTW is the lead broker, with Marsh support, on the JAL account.
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