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What’s driving the wave of shifting ownership structures in the Lloyd’s market? -
The executive has worked at Aon for almost two decades.
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The facility will initially focus on US, Bermudian and European business.
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The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
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Continental composite carriers aim to smooth volatility with new initiatives.
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The vehicle will now cover an E&S program jointly launched with Accredited.
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Several airlines are understood to have come to market early.
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Legacy reinsurance deals will be reviewed by the Legacy Review Panel.
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The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
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After losing in the High Court, insurers pin their hopes on the Court of Appeal.
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This will be Fidelis’ first office in North America and will be led by former Navigators Re head Ivan Vega.
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The Corporation’s chair reiterated its aim to reduce the cost of doing business.
