Pol risk, credit & surety
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A wave of protests last year led to widespread looting and destruction.
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The Nexus unit will write trade credit risk in the US on a fully admitted basis.
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Willis Re report shows reinsurers reacting to Boeing incidents and ILS lock-up.
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Claire Kennett will be an underwriter of trade and political risk and report to Crispin Hodges.
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Major transactions are being stalled by macroeconomic and geopolitical uncertainty.
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The new operation plans to expand its team to around six people in the next year.
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A protest movement started by Chilean schoolgirls has taken the market by surprise.
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ATI counts 16 African nations and the European Investment Bank among its shareholders.
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The French MGA adds credit and surety, cyber, space and A&H to its remit with the deal.
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Per-occurrence wordings on some property policies mean riots could be classed as multiple single events, leading to repeated primary layer hits.
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Suramericana is facing at least $150mn in claims from civil unrest in Chile over the last six weeks, the company has confirmed.
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Ewa Rose will become managing director of credit in Aon Reinsurance Solutions’ credit and financial risks team at the start of next year.
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