Liberty Mutual
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Price Forbes now houses Ardonagh Specialty’s energy operations, absorbing teams from Ed Broking, Besso and Bishopsgate. -
Luis Prato joins from Axa XL, where he was CUO of Axa XL UK and Lloyd’s since 2018.
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The cargo market is undergoing staffing turmoil as firms vie to secure talent.
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The sale includes Liberty Seguros operations in Ireland, Northern Ireland, Portugal and Spain.
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Based in London, the pair will be tasked with growing LSM’s multi-buyer trade credit portfolio.
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Individual Covid BI cases continue to roll through the courts, with several major decisions.
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Talanx said the transaction will make the company the third-largest P&C insurer in Latin America.
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Rise Aviation has named the two insurers as the representatives for its all-risk and hull-war reinsurance policies, respectively.
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Net claims from the two major events cost the business almost £250mn.
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Ross Taylor headed the Liberty Specialty Markets marine liability book, which was placed into run-off earlier this year.
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Olivier Reiz joins from Chubb, where he was strategic growth director for Continental Europe.
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The US mutual cut back its 1.1 reinsurance program, according to sources.
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