-
The reinsurance to close transaction is effective from 1 January 2025. -
Improved underwriting helped absorb claims from the Baltimore bridge collapse and Hurricane Helene.
-
Syndicate 1984 will have Names capacity and be managed by Asta.
-
Sources said the claim is likely to be a multi-hundred-million-dollar event.
-
Genna Biddell will report to Brad Melvin, president and CEO, BMS Re US.
-
CUO responsibilities will now be split out across senior underwriting leadership.
-
Last year, Patrick Tiernan issued a warning to syndicates to properly manage their DA portfolios.
-
The second half of the year was significantly more active for the legacy market.
-
The upstream market has undergone a period of high personnel movement.
-
The former Marsh aviation CEO is expected to join Lockton next month.
-
Newer swing products offer an alternative way to deal with escalating awards.
-
Several airlines priced down around time of the Jeju and American Airlines aviation crashes.
