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Five people have so far been confirmed dead following the sinking of the yacht.
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The deal covered US and European P&C liabilities for Accelerant's 2020-2021 underwriting years.
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Negligence must be proved to cover any loss of life for passengers under P&I cover.
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Positive cat experience impact of $600mn was offset by $500mn in property and specialty reserves.
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A roundup of all the news you need today, including Accelerant’s legacy transaction.
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The P&C Re CoR came in at 84.5%, a 10.2-point YoY improvement.
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Taiwan’s strongest earthquake in 25 years caused damage to facilities for chipmaker TSMC.
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The carrier launched into the political violence market at the beginning of the year.
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A roundup of all the news you need today, including Marsh’s launch of an international property fast-follow facility.
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In its first full year of AUB ownership, the broker reported a 24% Ebit margin.
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The Australian carrier grew premium income by 11% to A$16.4bn.