Markel
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The carriers were in arbitration with UnipolRe and Gen Re.
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Paul Western has been promoted to head of hull underwriting.
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The carrier did not consider pursuing an LPT deal to address the GL and PL issues.
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The figure was disclosed in the group's recent 8-K disclosure.
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The committee claims Chaucer waited until it had ‘maximum leverage’ over other debtors.
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The carrier is expanding its marine footprint in 2024 through its Lloyd’s and London branch.
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Rice has been appointed as senior underwriter and head of business development for Europe.
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The carrier has also appointed Tom Hillier’s Brit colleague Graeme Ivory as director of international casualty.
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Woodhouse will be based in London and report to Ed Winter, director of terrorism.
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The programme services carrier will serve UK MGAs from 1 January.
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A credit loss owing to a fraudulent letter of credit from Vestto added 1 point to the combined ratio in Q3, insurance president Jeremy Noble told analysts during a conference call.
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Rory Morison was hired last month to lead the Australian business.
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