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There is a growing disconnect between risk and pricing in the class.
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It has been a volatile week for the marine war market in a period of geopolitical turmoil.
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Last month, Combarro announced his exit on LinkedIn after 17 years at Lockton.
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The facility, backed by six global cyber insurers, offers limits of as much as EUR5mn.
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Insight into the state of the insurance M&A market, powered by this publication's deal database.
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The Atrium-led cover renews after the multi-billion-dollar High Court ruling.
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In North America, the median W&I claim payment in 2024 was $5.5mn, the highest on record.
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Although US pricing is improving there is pressure in other geographies.
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The underwriter has worked for RiverStone, Advent, Lloyd’s and AIG.
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The firm believes UK support for policyholders is under-served compared with the US.
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SRCC exposures are being studied more closely but fixing aggregation issues is a challenge.
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The underwriter joined MS Amlin in 2020 after more than 24 years with Markel.