Liberty Mutual
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The agreement, which frees Liberty from overlapping Lloyd's businesses, includes Pembroke's Irish operation. -
Sources said a deal could be announced before the week is out.
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Tracey Sharis was also promoted to director of programs at Ironshore.
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Legal ruling could put insurers on the hook for damages for a problem that could total $8.75bn.
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Canopius, Elliott and Cinven look set to be disappointed as the Pina Albo-led rival bidder prevails.
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The insurance-focused content aggregation platform is targeting expansion outside the UK.
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The executive’s remit includes southern European and Mediterranean casualty.
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The insurer has nearly $700mn overall in sidecar support including previous transactions.
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He co-leads the carrier’s financial risks reinsurance business with Susan Barber.
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Pembroke’s cargo facility in London has been placed into orderly run-off.
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The regulatory investigation relates to coverage provided under a group insurance policy issued to the NRA.
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The team in London was led by Graeme McGeachie.
