Howden
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The appointment comes soon after the rebranding of the Richard Brindle-led business. -
The MSC Aries was seized on Saturday by the Islamic Revolutionary Guard Corps.
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The facility will offer up to $50mn of coverage per insured vessel.
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The broker was part of a mass resignation from Guy Carpenter last year.
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The broker said there was a ‘disparity’ in market response to war in the Middle East.
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In this episode Insurance Insider lead reporter Rachel Dalton runs down the key highlights of the 1.4 reinsurance renewals as capacity returned to the market.
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Terrence McDowell has been appointed as a managing director in the UK.
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The broker has made a string of hires in its upstream energy division.
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Sarah Hughes was appointed CEO at Howden Specialty in October 2023.
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This follows the broker's rebrand in October last year.
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Insured losses from civil unrest have risen over the last decade to total $7bn in 2020-23.
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The team of brokers worked for the recently acquired Protean Risk.
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