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The platform has signed up brokers such as Miller and Gallagher and carriers such as Beazley and Atrium ahead of its market launch. -
The 1 January renewals featured a significant shift away from mainstay quota share and aggregate coverage, with examples including Axis and Brit dropping specific stop-loss covers.
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Political violence rose up the agenda, with conflict raging globally, and key elections due this year.
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An escalation of conflict at the end of last week is expected to put significant upwards pressure on marine war rates.
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The uptake on war exclusions, which was followed by other reinsurers, could signal the end of "endless" discussions on the topic.
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Key market participants hailed the narrowing of the gap between PV insurance and reinsurance, however said that more still needs to be done to fix the market.
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Siemens Gamesa is one of the world’s leading renewable energy manufacturing companies.
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A trio of underwriters from GCube will lead the business.
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The carrier has been expanding its team since launching into the energy market last year.
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R&Q is still dealing with a Bermudian regulatory review, personnel turnover and a transitioning business model.
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Just over half of votes cast were in favour of the $465mn sale to Onex.
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The 737 Max fleet was previously grounded in 2019 following the fatal crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302, when Boeing had a $500mn sub-limit on such claims.
