AJ Gallagher
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The MGA boosted its capacity by 40% earlier this year, amid heightened activity in marine war. -
Jessica Cullen is relocating to London from New York to take up the new role.
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The broker will sponsor a fellowship for a researcher working at the university.
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The broker had been vying with Marsh McLennan and AJ Gallagher.
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The MGA can also offer cargo war risk coverage of up to $100mn.
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The former Nephila director joined the broker last year.
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Insured loss for Q1 was 10% higher than the decadal average of $18bn.
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Curtin has spent almost 50 years in the market with stints at Marsh and Sedgwick.
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The broker attributed increased capacity to improving profitability.
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The market remains “delicately balanced” amid global conflicts and claims deterioration.
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Reinsurers have a "strong desire" for growth, but not at the expense of underwriting.
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Negotiations around US casualty and financial lines were more stressed.
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