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This publication revealed in February the incident was expected to lead to a major claim. -
The aviation market may prove an outlier following a disastrous year of loss activity.
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Rönesans covers lines including aviation, energy, engineering and liability.
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The carrier said the decision reflected its commitment to portfolio discipline.
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The LPPC will offer limits of $127.5mn EAR and DSU coverage in the US and Canada.
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Donna Swillman is currently a senior underwriter at Axa XL.
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The underwriter has over 20 years' experience in the construction insurance sector.
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The carrier is looking to take a lead position in energy-transition risks.
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The broker has a longstanding trading relationship with US retailer Alliant.
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A notable uptick in attendance underpins the value still placed on the iconic trading centre.
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There has already been an influx of new capacity from MGAs into the power market.
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The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
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