Argenta
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The number of syndicates traded at auction was the highest for a decade. -
The LPPC will offer limits of $127.5mn EAR and DSU coverage in the US and Canada.
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LA wildfire losses are impacting the 2024 years of account, Argenta noted.
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Current specie head Victoria Bell is leaving Argenta to join Axis.
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Argenta will also manage the run-off and renewal of the previous White Bear binder.
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The carrier has moved to hire in the fine art and specie line after the exit of Mark Benbow.
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Syndicate 1984 will be backed by Names under a modified freehold arrangement.
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Losses are likely to fall within syndicates’ loss budgets, it said.
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Most recently, Goddard was joint active underwriter at WRB Underwriting.
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ERS 218 reported a 3.4% return on its £48mn capacity.
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She will report to Carol-Ann Burton, ASML director and general counsel for Argenta Group.
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The book is yet another indication of growing interest in the space.
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The MAPA will allow APCL clients to participate in a portfolio of syndicates without the need to own the underlying capacity.
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The appointment comes following the resignation of Jo Reynolds, who is joining Axis.
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She has previously worked at Argenta, joining in 2010 to grow the firm's energy portfolio.
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The carrier is hiring in its energy team following the resignation of natural resources head James Brown.
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The underwriter will join the company following the departure of underwriters David Axtell and Ryan Godfrey.
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Hancock joins from Ensurance UK where he was head of underwriting and international engineering.
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The executive will lead operations and support the company’s growth strategy.
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Wyatt is reunited with former IQUW and Agora colleague, James Blackwell in her new role.
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Beaver is currently a non-executive director and chair of the risk committee at Newline Group and has previously acted as senior adviser for the Financial Reporting Council.
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Jonny Groves will be responsible for leading Argenta’s global cyber business in his new role.
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The incoming head of property was previously head of treaty, deputy active underwriter and director of underwriting at Agora Syndicate 3268.
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The underwriter has more than 40 years’ experience in the market and was global head of marine and energy reinsurance at Axis Re.
