Liberty Mutual

The sale includes Liberty Seguros operations in Ireland, Northern Ireland, Portugal and Spain.

Based in London, the pair will be tasked with growing LSM’s multi-buyer trade credit portfolio.

Individual Covid BI cases continue to roll through the courts, with several major decisions.

Talanx said the transaction will make the company the third-largest P&C insurer in Latin America.

Rise Aviation has named the two insurers as the representatives for its all-risk and hull-war reinsurance policies, respectively.

Net claims from the two major events cost the business almost £250mn.

Ross Taylor headed the Liberty Specialty Markets marine liability book, which was placed into run-off earlier this year.

Olivier Reiz joins from Chubb, where he was strategic growth director for Continental Europe.

The US mutual cut back its 1.1 reinsurance program, according to sources.

As Adidas terminated its partnership with Kanye West following his antisemitic tweets, it projected a loss that signalled why insurers should be pushing the need for brand reputation insurance.

Liability business has been impacted by rising claims costs, driven by social inflation trends.

Owen takes over from Peter Sprent who is leaving the carrier at the end of March to pursue personal interests.