Howden
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The decaying oil tanker FSO Safer is holding over a million barrels of oil and is at risk of explosion. -
Some cedants paid more than 40% increases depending on Florida concentration and Hurricane Ian losses.
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The first cohort of insurance professionals will embark on their secondments to cities such as Melaka in Malaysia, Surat in India and The Hague in The Netherlands next month.
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Gallagher Re is looking to increase its presence in the North American large-account space, where it is underweight compared with rivals.
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The broker is trialling a contract-checker tool provided by Morning Data to support adoption of the core data record and MRC v3, as foundational reforms for the Blueprint Two programme accelerate across the market.
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Artificial Labs is developing a pilot with several carriers and brokers that integrates a generative AI model, including the use of ChatGPT, into its algorithmic underwriting platform.
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The senior hires will help Howden CAP’s surety team to expand across new markets and develop new products for the broker’s surety clients.
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Howden’s insurance broking, reinsurance broking and underwriting outfits will all report directly to David Howden under the restructure.
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The Marsh McLennan reinsurance unit alleges Massimo Reina was working on the move as early as late 2022.
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Warne joins from Inigo where she was head of political violence, terrorism and aviation war for nearly two years.
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The group’s recent gear shift on growth has elevated the group’s risk profile across areas including M&A, financing, integration and liquidity.
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The broking group will soon target US retail broking, as well as continuing team lifts and looking for international mega deals.
