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The US specialty carrier announced Tuesday that it was buying the Lloyd's business for $555mn. -
The LPPC will offer limits of $127.5mn EAR and DSU coverage in the US and Canada.
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Cyber reinsurance supply has continued to outstrip demand during 2025.
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In June, this publication revealed that Apollo had appointed Evercore and Howden to run a process.
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The executive said claims can be a differentiator in a softening market.
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Donna Swillman is currently a senior underwriter at Axa XL.
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Sébastien Bardy joins from Allianz to lead the firm’s financial scale-up.
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The underwriter has over 20 years' experience in the construction insurance sector.
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The carrier is looking to take a lead position in energy-transition risks.
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Company said defendant ‘distraction’ can’t make up for flimsy arguments.
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Sources said the team is led by Martin Soto Quintus and is mostly based in Chile.
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The broker is in hiring mode in specialty after numerous brokers departed for Willis Re.
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