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Taiwan’s strongest earthquake in 25 years caused damage to facilities for chipmaker TSMC.
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The carrier launched into the political violence market at the beginning of the year.
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The facility automatically follows the lead market which offers the lowest quote.
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The short-tail buildout will feature lines including political violence and marine.
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In Partnership With Manulife Investment ManagementJoin Insurance Insider for a free webinar, in partnership with Manulife Investment Management, 10:30 ET/3:30 BT on Jan. 22,
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The facility launch comes after Marsh launched its Slipstream marine facility.
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The James River-Long Tail Re deal is the latest example of deal-specific investor capital.
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The Eras tour has additional coverage in place to cover cancellation for PVT perils.
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However, some syndicates are planning more significant growth following hires or strategic shifts.
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The executive said losses in the Middle East had “sent shockwaves” through the market.
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Insuring the transition is frequently touted as a major growth opportunity, but when it comes to renewable energy, complications abound. Natural catastrophe, evolving technology, and data scarcity all add to the complexity of underwriting in the class. GCube's Fraser McLachlan has been operating in the renewables sector over several market cycles, and gives his insight on the latest dynamics in the class.