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Pol risk, credit & surety

  • The move comes as Michael Creighton is made credit and political-risk director for Africa.
  • Trade credit insurers are expected to respond with tighter buyer limits and stricter wordings.
  • White will join from Allianz trade, and Summers from Talbot.
  • The newly united company has set out ambitions to double in size by 2030.
  • Cyberattack/data breach remains in the top slot.
  • Chilton founded Capsicum Re, which was acquired by Gallagher in 2020.
  • Former head of construction Bill Creedon will assume the role of chairman.
  • Pine Walk has grown substantially and is on course to write $1.2bn of premium this year.
  • What happens when a global broker network decides to fill a gap in the London market itself?
  • The combined ratio worsened slightly by 0.5 points to 91.6%.
  • The carbon-credit insurer has appointed James Morrell head of credit underwriting.
  • Beth MacGregor and Adam Vulliamy are also set to join from Axis Capital.
  • In trying to solve multiple needs, specialty reinsurance opens up complexities.
  • Market leaders Atradius and Coface have both received in-principle approvals for a Lloyd’s syndicate.
  • Deputy CEO James Reynolds is to succeed Aspinall.
  • Some 185 credit claims were reported in the market, totalling over $400mn.
  • Frank Masteling will lead the new business as head of trade credit.
  • Atradius Syndicate 1864 is expected to begin underwriting next year.
  • Coface Lloyd’s Syndicate 2546 is expected to commence underwriting in 2025.
  • The MGA has recently added casualty and specialty reinsurance divisions.
  • The insurer has hired Coface’s Hélène Martin to support its expansion.
  • Plus, the latest people moves and all the top news of the week.
  • Trade credit rivals Coface and Awbury are also entering the market.
  • The broker called on carriers to expand coverage into new specialisms.
  • Holmes, Froideval and Cheak will head up the units for London, Europe and Asia.
  • Plus the latest people moves and all the top news of the week.
  • The team is led by industry veteran John Lentaigne.
  • Insolvencies caused by the tariffs could also cause increased losses
  • ESG
    Sources expect it to be a couple billion-dollar insurable market.
  • A survey from the carrier looked at the political risk and violence concerns of companies.
  • The carrier laid out its business mix for the newly launched reinsurance syndicate.
  • des Cressonnières has worked for the carrier for 28 years.
  • The broker appointed Hines Associates for a strategic review in December.
  • Andrew Tongue joins from Canopius, where he was deputy head of credit and political risk.
  • The French credit insurer has Apollo lined up as its managing agent.
  • It is understood that supporters include Munich Re and Brit.