Liberty International Underwriters (LIU) has transferred Alexandre Egnell to New York from its Paris office to develop a global financial risk (GFR) offering in North America.
Markel has become the latest carrier to fall victim to the UK's Ogden rate change, which has plagued insurers since it was announced last week, with the company reporting that it will take an $85mn reserve charge.
Fosun’s recently established US legacy operation has won a contract to manage the run-off book of up-for-sale specialty carrier Prosight, The Insurance Insider understands.