Pol risk, credit & surety
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Marsh-JLT trade credit partner Rob Downey has retired, the latest in a string of trade credit and political risk exits from the broking giant.
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The senior underwriter will report to head of crisis management Chris King.
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The former MI6 chief says Lloyd’s Brussels was “nice publicity but not essential”.
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Stephen Catlin and Paul Brand’s start-up continues to build out with arrival of the segment leader from StarStone. -
The GB corporate broking chief cites nationalism as the most worrying trend.
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Paul Kunzer will become the head of a new trade credit multi-buyer and excess of loss operation after 19 years at AIG.
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The vehicle is underpinned by analytics developed in conjunction with Oxford Analytica.
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The broker’s Marketplace Realities report foresees property and marine rates rising as much as 15 percent, and energy lines jumping up to 20 percent.
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AM Best has put the AmTrust subsidiary's financial strength rating under review with positive implications following the sale announcement.
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This is the fourth consecutive year that claims have exceeded $6bn, according to the Berne Union.
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The vehicle will have 100 percent Lloyd’s capacity with MS Amlin as a partner.
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Regulatory initiatives on both sides of the post-Brexit border have eased contract continuity worries, the ratings agency notes.
