Commercial E&S
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Tara Hill launched last month and is headed by Core Specialty’s Peter McKeegan. -
The acquisition allows AM Specialty to expand its E&S offerings.
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Latin America and the Caribbean accounted for 4.6% of GWP for Lloyd's in 2023.
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The broker said there was an opportunity to take advantage of competition to improve outcomes for clients.
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LMG's latest London Matters report reveals that UK capital has lost ground to the US and Bermuda in some lines.
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The announcement confirms earlier reports from this publication.
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Joe Morrello joined the firm in 2022 after serving as E&S property head at Beazley.
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The (re)insurer’s Q4 CoR rose 15.2 points to 81.4% on satellite failure, D&F losses.
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Enstar acquired 637,640 shares of James River in Q4 last year valued at nearly $6mn.
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Earlier in the process, sources linked Sentry Insurance with a bid for the E&S insurer.
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The new line is in addition to its existing Bermuda and US excess casualty products.
