Howden
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The syndicate-in-a-box is the first Lloyd’s syndicate to operate outside London. -
The executive will oversee Howden Re’s treaty and fac business in Miami.
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The broker said the burgeoning class of business was still finding its stride.
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The UK broker is still in talks with Mubadala about a standalone investment in the business.
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The facility will provide capacity from a tracker unit, as well as quotes using Ki technology.
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The 1 April renewals are the key date for Japanese treaty.
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An issue has emerged in diligence, and Howden has a complex consortium to align.
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Caution around economic volatility wrought mixed outcomes in specialty re.
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Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.
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The London D&F market will shoulder most of the losses.
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There has been plenty of talent churn in the transactional risks space lately.
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Plus, the latest people moves and all the top news of the week.
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