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Sources expect it to be a couple billion-dollar insurable market.
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The Applied Underwriters unit has been building out its product base in the London market.
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Chris Gray joins from Axis, where he was global head of marine reinsurance.
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Judith Zeleny brings over 35 years’ experience to the role.
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Technical pricing is insufficient in some areas and inflation is biting into margins.
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Trevor Oates will be responsible for ceded reinsurance purchasing.
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The worsening of extreme weather is becoming a global problem, presenting data challenges.
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Current specie head Victoria Bell is leaving Argenta to join Axis.
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Plus, the latest people moves and all the top news of the week.
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TMK is the largest insurer of aviation risks at Lloyd’s by gross written premium.
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European reinsurers, London market carriers and composites all enjoyed healthy trading.