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Loss-free accounts are expected to be oversubscribed by as much as 140%.
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The vehicle provides coverage for non-physical damage BI.
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The company will write marine cargo and transport logistics policies across the country.
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Top concerns also included medical cost inflation and employee benefit costs.
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M&A levels have increased 23% year-to-date compared to 2023, according to Gallagher Specialty.
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Construction rates remain stable with some talk of potential softening.
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The firm will specialise in professional liability insurance for SMEs.
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The build-out of the new vehicle will bring capacity to the constrained aviation war class.
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The Corporation’s CUO said managing agents must ensure they manage the future differently to the past.
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The marine market is challenged by global warfare, supply chain breakdown and the complicated energy transition.
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The Jan De Nul-owned Zheng He was seized by Mexican authorities in November last year.
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PVT business has been attracting new capacity after recent rate increases.