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The PRA will also have to report on turnaround time for new approvals against 10-day and six-week targets. -
US events accounted for more than 90% of global insured losses.
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The MGA has also appointed Probitas alumnus Kiran Wignall.
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The MGA has recently added casualty and specialty reinsurance divisions.
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The MGA has secured Lloyd’s paper to write crypto theft insurance.
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A second syndicate is being explored for “big and bold” new lines
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State legislation has led to major strides in rate adequacy.
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The company launched into the contingency market in the wake of the Covid-19 pandemic.
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Category 4 and 5 storms could become more common and hit further north.
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The executive has spent 13 years in the broker’s marine division.
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Last year, the firm obtained a Class 4 license in Bermuda.
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Dan Prince said the firm will work with brokers’ existing relationships.
