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The pair have joined from Ryan Specialty Group’s Castel. -
Head of portfolio solutions Richard Palengat will lead the division.
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The political violence market is in a competitive stage thanks to an influx of capacity.
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Behind Axa XL, Convex wrote a 9.5% line on the all-risks reinsurance programme.
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Plus, the latest people moves and all the top news of the week.
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Innovation will become more important to sustain strong results absent pricing tailwinds.
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The broker cautioned unresolved Russia-Ukraine claims remain a ‘Black Swan’
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The MGA can now put down $200mn lines in the niche aviation war class.
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The flagship project to digitise the market has been beset by delays and mounting costs.
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The broker partnered with Ukrainian carrier ARX and Lloyd’s Lab InsurTech FortuneGuard.
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The CEO’s accelerated exit could cost momentum, and shortens Tiernan’s odds of succeeding.
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It is understood that supporters include Munich Re and Brit.
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