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The carrier will look to support green energy projects in developing nations.
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The underwriter has worked at Swiss Re, Ironshore and Alize during his insurance career.
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Howden Tiger, which has been hiring aggressively from rivals, currently has only limited involvement in marine reinsurance.
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Price Forbes now houses Ardonagh Specialty’s energy operations, absorbing teams from Ed Broking, Besso and Bishopsgate.
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Europe is "well equipped" to become a leader in cyber security protection, says Axa XL's Ana Dores.
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The BI loss is set to stretch into the hundreds of millions of dollars, with some anticipating a $500mn+ loss.
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The executive joins from Crum and Forster, with 20 years’ cyber experience.
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The increase takes the carrier’s total reserves for the conflict to $145.6mn.
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Tokio Marine has told cedants that it will discontinue its aviation retro book as the effects of the mammoth Boeing loss continue to ripple through the market, this publication can reveal.
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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 new SPA will write cyber reinsurance initially and could progress to writing insurance.
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The cyber MGA can now serve clients in Italy, Spain, Ireland, Sweden and Denmark.