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Insurance Insider reported in November that the first layer of the deal had secured a 7.5% rate reduction. -
Rebel attacks on vessels have led insurers to hike pricing.
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Aircraft lessors have now received nearly $2.4bn in insurance settlements from Russian airlines.
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The executive joined the group five years ago.
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The PV market is facing yet another battle with reinsurers as they continue to restrict coverage, tighten definitions and exclude geographies.
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IGI writes a worldwide upstream energy book, with a lead underwriting capability and maximum line size of $75mn.
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Major shipping lines are diverting ships away from the Red Sea following numerous attacks.
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Highlighting regions where the demand for SRCC products is increasing, stakeholders can tailor offerings more effectively, the PCS said.
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The carrier has hired Ed Atkin, Piers Harding and George Wallace from Talbot and Callum Bennett from Chaucer to run the new book.
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Director of aerospace David Godley had been at Nexus since its acquisition of aerospace MGA Altitude in 2018.
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The Syndicate 2050 will provide capacity for new energy projects that support the transition to net zero.
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The book is yet another indication of growing interest in the space.
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