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The duo have several years’ experience in specialist construction risk. -
The marine carrier’s financial result for the period was $25mn.
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Francine has been the eighth Category 2 or larger storm to make landfall in Louisiana since 2000.
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Glyn Thoms will be stepping into a newly formed role with a focus on cyber strategy formulation and management.
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The appointment is the latest in a string of hires in the broker’s marine operation.
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A roundup of the breaking news, C-suite interviews and exclusive insights.
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‘Life-threatening’ storm surge and hurricane-force winds expected for the state, according to the NHC.
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Legal trends, the primary pricing micro-cycle and other factors all play into an opaque outlook.
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Pricing expectations are still not aligned on higher-risk coverage options.
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The estimate from the Perils-owned company does not include any losses from Hurricane Debby.
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Despite potential claims stretching into the billions, the events are not expected to shift the dial on pricing.
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Current head of specialty Paul Upton will move to become chairman of the division.
