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Insurers claim that damage from the “detonation of an explosive” is also excluded. -
Cyber Quoting will connect global cyber insurers and US distributors.
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She joined the carrier as an underwriting assistant over 11 years ago.
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The MSC Aries was seized on Saturday by the Islamic Revolutionary Guard Corps.
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Ulrich Kadow will become global head of product management and underwriting transformation.
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Swiss Re is among reinsurers to have the right to limit coverage if conflict widened.
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The facility will offer up to $50mn of coverage per insured vessel.
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Insurance Insider revealed this deal in January.
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WTW predicted that ‘meaningful softening’ could creep into energy markets during the year.
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Increased reinsurance retentions left some insurers with their worst net results in a decade.
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Alex Mott and Henry Brown worked in the hull and liability team at Price Forbes.
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Recurring loss patterns have led to squeezed coverage, leaving clients exposed.
