Allianz
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It emerged in August that Philip Graham was leaving Chaucer after more than two decades at the company. -
The deal represents the first Part VII transfer completed by Marco since launching in 2020.
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The energy crisis came in as a top-four concern, with 44% of respondents expressing worries over fuel costs, supply disruptions, inflation and the effects of Russia’s invasion of Ukraine.
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The company has made a number of senior appointments to help run the unit.
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Companies will also face claims relating to cyber security and problems with ESG disclosures.
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The German carrier will increase the attachment point on its US coverage by 50% to $300mn.
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The executive replaces Paul Schiavone, who is leaving the company.
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The unit will aim to grow captive solutions and structured solutions.
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She succeeds William Mills, who left his role as group head of ceded re and third-party capital for Allianz.
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AGCS said fire and explosion incidents have caused the most expensive insurance claims in the marine industry, while cargo damage is the most frequent cause of loss.
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William Mills was most recently group head of ceded reinsurance and third-party capital at Allianz.
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Thorsten Fromhold has been appointed to the new role of chief group reinsurance buyer.
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