The Sorrento passenger ferry, currently ablaze and stricken off the coast of Mallorca, is insured for a hull value of EUR40mn on a hull and machinery cover lead by the Norwegian Hull Club, The Insurance Insider has learned.
In our reporting of this late-stage global soft cycle we have understandably tended to focus on the big carriers and the headline-grabbing strategic choices they are currently being forced to make, but what of the brokers?
PartnerRe's counterbidder Exor would leave its management to run the company as a pure standalone private reinsurer if it were successful in its $6.4bn friendly all-cash bid for the firm, stated chairman and CEO John Elkann
Leading London market energy underwriter Kelan Hunt is set to join Lloyd's specialty (re)insurer Chaucer as head of energy, The Insurance Insider has learned.
Leading London market energy underwriter Kelan Hunt is set to join Lloyd's specialty (re)insurer Chaucer as head of energy, The Insurance Insider revealed earlier today (13 April).
