Transactional liability
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Alexander von Reuss joins the Hamburg office, while Wilson Hill joins the London team. -
In January, 32 Acquinex transactional liability employees resigned for Howden’s underwriting arm, Dual.
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The strategic investment supports Icen’s international ambitions.
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He expects the operational hygiene of MGAs to be tightened soon.
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The outcome could have a wide-reaching impact on the tax liability market.
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The transactional liability-focused MGA's Lloyd’s line is up from £37.5mn to £40mn.
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Andrew Johnson, Edwina Charlton and Rupert Newman join from Paragon.
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The MGA will be trying to replace the transactional liability capacity in the coming weeks.
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Last month, Acquinex’s 20+ transactional risk team resigned for roles at Dual.
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Last month, MGA Acquinex’s 20+ transactional risk team resigned for roles at Howden-owned MGA Dual.
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The transactional liability class faces a string of potential losses, especially in the contingent segment.
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The traditional R&W product is seeing an increasing number of large losses.
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