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Reinsurers “weren’t getting paid” before 2023’s hardening, the Lloyd’s executive argued. -
The acquisition allows AM Specialty to expand its E&S offerings.
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The Canadian PE house is delaying close and seeking to renegotiate aspects of the deal.
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The global nature of cyber means a UK ransomware pay license would have "no material impact" locally.
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The broker has more than 30 years’ experience in the London motor market.
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Renewable energy assets have been plagued by severe weather losses.
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The carrier said the office in Belgium “doubled down” on its commitment to Europe.
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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.
