Aon
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The ACT-style facility offers 30 percent capacity or a $30mn maximum line on any accident and health treaty business placed by Aon globally. -
Liberty Luxembourg is lined up to lead the vehicle, which will target SMEs in Europe and the US.
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More than half of primary D&O policies saw a price increase in the third quarter.
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Projected premium volumes are expected to be broadly flat at just under $300mn of premium.
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The energy broker is set to join the business from Aon.
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The executive leaves Marsh after almost five years.
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The Hong Kong insurance regulator marshals the sector to respond to the Chinese government’s infrastructure investment programme.
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US wildfire costs to exceed $10bn for second year in a row.
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Jo Kendall joins from Willis Re, where she led the London specialty cat modelling team.
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Vincent Flood and John Murbach become chief broking officer and COO respectively at Aon’s US national property division.
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Chubb and Swiss Re also provide capacity for the facility, which targets sharing economy businesses.
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Lloyd’s carriers and Swiss Re will provide capacity for the new solution.
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