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The facility automatically follows the lead market which offers the lowest quote.
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The short-tail buildout will feature lines including political violence and marine.
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Lloyd’s is also opening a Miami office, starting September 1.
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The Blueprint Two build is due to be completed in January 2025.
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Data shows nat cat losses in Canada have increased substantially this century.
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A roundup of all the news you need today, including HDI Global’s H1 results.
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The ex-Prudential CEO was aboard the yacht with tech entrepreneur Mike Lynch.
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The facility launch comes after Marsh launched its Slipstream marine facility.
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The improvement was attributed to growth in new business and inflation-related price adjustments.
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HMRC is understood to be reviewing Lockton’s partnership status.
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The LSM London COO and London reinsurance COO are due to depart.
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The consortium backing the MGA is led by Axa XL Syndicate 2003.