Pol risk, credit & surety
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The firm is seen as an outstanding competitor to larger rivals in credit and political risk. -
He joins from Swiss Re, where he has spent the last 27 years of his career.
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Sources said that Nacional would only consider a bid north of $150mn.
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Increased interest follows ratings agency upgrades of Lloyd’s paper.
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ASR’s UK-based division will be underwriting on behalf of ASR Syndicate 2454.
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Mark Houghton, who joins from Axa XL, will report to group CUO Sam Harrison.
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Richard Chu joins from PartnerRe, where he was head of financial risks for Asia Pacific.
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Karlsson was previously head of credit and structured risks.
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There is more capacity in the market for long-term risks.
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Marsh Specialty has released its Political Risk Report 2024.
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Last year, the B2B credit InsurTech raised $15mn in Series A fundraising as it looks to continue building its team and expand globally.
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