Chubb
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The cargo market has recently seen a string of moves as new carriers launch into the market. -
The carrier can write marine on company and Lloyd’s platforms after the Probitas deal.
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The storm caused major damage to one of the drinks company’s warehouses in Tennessee.
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The CEO said the property market was in a “super-good place”, and increased competition was inevitable.
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London market carriers may be getting competitive, but that is not in itself a bad thing.
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The commercial carrier also reported a Hurricane Milton pre-tax net loss forecast of $250mn-$300mn.
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The CEO noted, however, that the UK retail market remains a big business growing well.
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Mark Gregory will retire next March, while Sara Mitchell will initially join as a strategic adviser.
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The cyber market should use the latest outage to start decisively taking action on managing cat aggregates.
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A roundup of all the news you need today, including Lloyd’s chairman candidates.
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Peter Kelaher currently serves as country president of Australia and New Zealand.
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