Aon
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The facility will provide coverage globally for blue and green hydrogen projects. -
The Mexican state oil company delivered the upstream market its largest claim in 2023.
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The broker said US insurers purchased around $5bn of additional cat limit.
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Evercore is leading the capital raise process and Aon is assisting with the Lloyd’s application process.
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Mark Parker has been leading the GBC on an interim basis and will retire in the coming weeks.
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SCS caused global insured losses worth at least $8bn in the first quarter of 2024.
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Interest is growing in third-party capital, captives and private debt.
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Dan Walsh has led Aon Client Treaty for the past six years.
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The $357mn programme consists of four transactions, including a $50mn facility brokered by Aon.
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The broker has more than 30 years’ experience in the London motor market.
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