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Opportunities for insurance in transition-related activity “incredible”.
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The product provides primary and excess coverage limits up to £5mn.
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These events can also no longer be considered secondary perils, executives said.
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“They've been focused on this for more than 10 years,” said Bermuda’s CIT Agency CEO Mervyn Skeet.
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A collision earlier today caused a cargo of jet fuel to burst into flames.
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Nevill has extensive experience in underwriting at Talbot, WR Berkley and Markel.
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While market underwriting profit slipped 10%, the underlying combined ratio was under 80%.
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Some $4.8bn of reinsurance and cat bond limit will come up for renewal in 2025.
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Almost 300,000 people have been left without power from the storm.
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This loss number covers the property line of business.
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A roundup of all the news you need, including Lockton Re’s new specialty head.
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The executive joins from Gallagher Re.