Specialty lines

The launch is part of MSI’s strategy to expand the capacity of its UK subsidiaries.

The firm delivered a 22% year-on-year increase in GWP to $1.1bn.

The company’s syndicate has booked an 87.4% combined ratio for 2024.

Aviation reserve strengthening added 10.1 points to the combined ratio.

The MGA is offering lines of $25mn, up from the $10mn limit it was providing until late last year.

The transactional liability-focused MGA's Lloyd’s line is up from £37.5mn to £40mn.

Staff who left SRG’s MX Underwriting will begin working for Canopy this year.

The offering includes GA, aviation GL and airport and product manufacturers liability.

Tim Chapman also holds the role of EMEA head of construction at Scor.

The product provides primary and excess coverage limits up to £5mn.

The cyber insurance market is poised for growth in 2025, but staying competitive requires innovation and adaptability to new risks. Andy Maher, head of cyber & technology, London, for AXIS, shares insights on industry trends and challenges ahead.

A collision earlier today caused a cargo of jet fuel to burst into flames.