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The retreat follows marine retrenchment at AmTrust and Barbican.
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Tysers’ cargo cover binder will pick up $50mn of the XoL reinsurance policy.
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The Copenhagen-based MGA is led by CEO Lars Hendriksen.
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The marine analytics start-up has raised $38.9mn in total.
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CEO Tsuyoshi Nagano says acquisition targets in the US and Europe are becoming too expensive.
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The carrier will stop writing cargo, hull and marine risks through the market.
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The Norwegian energy and financial services executive replaces Bengt Hermelin.
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The Hiscox CEO says his focus is on making the software system “industrial strength” -
As a market watcher, attempting to determine which lines of business are underperforming syndicate by syndicate quickly proves itself to be a pretty meaningless exercise.
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The executive has previously worked for Windsor and SBJ.
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The alliance with the insurer comes a month after the carrier closed its Lloyd's India branch.
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The giant marine reinsurance mutual picks its brokers after a lengthy tender.
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