Power
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Nat cat and extreme weather claims have become more frequent and severe with hail, heavy rain and wildfires leading to significant losses.
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In a second hire within the broker’s offshore wind team, Sarah Burston returns.
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The large number of “unwinterised” assets in the north of the state could lead to a slew of claims.
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The organisation charts record progress in meeting its seven key principles.
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Tom Harries and Robert Bates join from Bloomberg and Miros, respectively.
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Sophie Irvine was the only renewable energy underwriter left after Canopius’ Netherlands-based team left the business last year.
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They are the latest in a spate of renewable energy hires, which the broker has been growing over the past year.
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The partnership will aid the MGU’s international expansion with Generali GC&C UK leading a consortium to back its growth.
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The sanctions will further complicate the delayed construction of the 2,460 km pipeline between Russia and Germany.
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The business segment, which includes HDI Global Specialty, has already exceeded its full-year large loss budget.
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Guido Benz will join the business next spring and report to Lee Meyrick
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Maarten Mulder, Martijn Meijboom, Bart Leijssen and Arnout Bijl have left the carrier to join the MGA.
