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Bianca Willauer joins after 10 years with the Allianz-owned specialty carrier.
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The Bermuda-based start-up run by Lefebvre, Lucking and Weston receives regulatory approval.
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The Insurance Insider looks back to some of the standout pieces of the last 12 months.
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The trade association’s claims tally for Faxai reaches $3.05bn.
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Strong balance-sheet growth, marginal operating performance, favourable business profile and appropriate enterprise risk management were factors in the outlook.
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The mutual would provide capacity to a network of managing general agents, in order to increase options available for cannabis businesses.
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The MGA was unable to secure capacity for the three classes for 2020.
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Rates on North American property binders up between 10 and 25 percent depending on territory.
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Senior hires join from Chubb, Brit and Liberty Specialty Markets.
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The parent of Philadelphia Energy Solutions will receive an additional $15mn upfront for damage from a refinery fire.
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The executive has worked as African fac head at Aon’s reinsurance business for 11 years.
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The underwriter will return to Singapore, where he previously worked in a commercial property role.