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The carrier said the office in Belgium “doubled down” on its commitment to Europe. -
Reinsurers are much better placed to absorb cat losses; insurers are carrying more risk.
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The Florida portion of the program provides $1bn in protection.
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The result was driven by significantly improved claims experience across severity bands.
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The broker has worked for Aon, Ed, Willis Re and Tysers.
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The carrier’s marine and energy liability team is led by recent appointee Stephen Barr.
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In this episode, Hiscox London Market CEO Kate Markham discusses the carrier's AI lead underwriting project with Google Cloud, and the opportunity the insurer sees underwriting energy transition business in the Lloyd's marketplace.
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The MGA has added Scor and Argenta’s syndicates to its panel.
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Daniel Fulco has spent nearly 12 years at LSM.
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The agreement provides £10mn of capacity in several marine lines of business.
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Latin America and the Caribbean accounted for 4.6% of GWP for Lloyd's in 2023.
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This is Chubb’s second MGA deal in the past few months.
