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If you only read a handful of articles this week, make it the selection below. -
Despite reinsurers’ concerns over social inflation and loss trends, capacity remains abundant in both quota share and XoL deals, sources say.
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The executive oversaw lines of business including management liability, financial institutions and healthcare.
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It emerged earlier this month that Westfield Specialty was launching a D&O book through Syndicate 1200.
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The consultancy has outlined the financial guarantees needed from governments and availability of data from Ukraine that will enable insurers to provide risk capacity for the country's recovery.
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The class is attracting increasing scrutiny from executives and within Lloyd’s, as a descent in pricing persists.
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The underwriter spent more than two decades at Ascot, holding several roles in the property, political violence and marine hull teams.
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The broker said clients could save money, increase limits and buy extra coverage.
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The portfolio will focus on international risks with a focus on the US market.
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Plus the latest executive moves and all the top news of the week.
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Syndicate 1200 exited London D&O in 2020 when it was under the ownership of Argo.
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London D&F underwriters are seeing rate rises of 15% on average on clean business, while loss-affected accounts are seeing their rates double.
