Canopius
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Rachel Webber was most recently head of non-marine at TransRe. -
Michael Shen will be succeeded by deputy Camilla Walker.
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The Lloyd’s carrier is expected to try to claim multiple times under the policy.
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Written premium increased by 31% to $2.41bn as top-line growth brought expense ratios down.
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The carrier has also hired Imogen Wright as underwriter marine and energy treaty.
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The investment comes amid expectations of a new cycle of deals.
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TMK formed its specialty reinsurance unit last year.
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The market is also facing potential losses from injuries to NFL stars.
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The carrier beat QBE to the punch to secure the lead position.
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A positive outcome could significantly curb insurers’ exposure to the loss.
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ASR launched Syndicate 2454 at Lloyd’s last year.
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Conflict between China and Taiwan would be a “game changer” for marine war.
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The group posted an undiscounted combined ratio of 90.2% during the year.
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Fast Track is led by QBE and backed by Canopius, Arch and Beazley.
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The portfolio tracker facility is led by Canopius.
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The specialty reinsurance space has experienced a recent period of talent churn.
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The appointment follows the departure of upstream head Chris Touhey.
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Joe Bonanno has previously worked at Brit and Markel in Bermuda.
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Co-heads of the space unit Chris Gibbs and Richard Parker have left the carrier following the exit from the class.
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US lawmakers are looking to introduce legislation backdating to before the bridge collapse incident.
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Canopius Re CEO Charles Cooper says the growing division will show relevance by taking large lines on limited deals.
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Insurance contract written premium increased by 23% to $1.84bn.
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