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The legacy specialist has made its second foray into medical professional liability. -
The bakery will be able to claim for multiple separate incidences rather than confining its losses to a single £2.5mn ($2.8mn) cap.
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If transacted successfully and in full, a deal for the state-backed icare could be the largest-ever single legacy transaction in terms of volume of liabilities.
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Inflation will define priorities such as a focus on safeguarding clauses and pricing transparency, as well as line of business challenges, for underwriters and actuaries in the year ahead.
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Plus all the top news from the Monte Carlo Rendez-Vous and this week’s exclusive executive moves.
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Inver Re said the launch was part of its growing inter-disciplinary approach to reinsurance broking.
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The process provides further evidence of larger deal sizes becoming more frequent in the legacy space.
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Insurance Insider selects 10 exclusive news stories reported by our team on the frontline at Monte Carlo Rendez-Vous.
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Activist investors had tabled resolutions to oust William Spiegel as executive chairman and appoint Ken Randall as a director.
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Around 50% of the $100bn growth in the market emanated from deals struck in North America.
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The carrier’s programme management business’ GWP rose by 82% to $807.3mn.
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Jonathan Zisaruk will be based in London and report to group CEO Will Bridger.
