Axa XL
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He was appointed CUO of casualty, Americas, in July last year. -
One of the options being explored is setting up a dedicated company for the wholesale vertical.
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The LPPC will offer limits of $127.5mn EAR and DSU coverage in the US and Canada.
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Donna Swillman is currently a senior underwriter at Axa XL.
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Aspen would give Sompo more reinsurance scale, more US premium and a Lloyd’s presence.
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This publication revealed yesterday that Sompo is currently in negotiations with Aspen.
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There has already been an influx of new capacity from MGAs into the power market.
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The company has recently made several senior changes to its UK and Lloyd’s leadership.
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AIG leads the all-risks cover and Axa XL is the hull war lead.
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The claim could add pressure to the hull war market after a recent High Court ruling.
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The exec said if he were a carrier CEO, now is the time he would start looking for deals.
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The carrier will focus on mid-market business outside of Lloyd’s.
