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The £3.7bn deal was announced in December. -
This is up from last year’s $1bn protection for its Florida treaty.
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Some segments are moving faster than anticipated, but overall, it remains a mixed bag.
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Holschneider co-founded the firm and is currently executive chairman.
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The executive was formerly the head of cyber solutions, North America.
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The carrier has scaled up its international insurance offering in recent years.
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The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
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The Lloyd’s business secured a $90mn investment from Alchemy in 2021.
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There is the prospect of fragmented appeals and uncertainties around reinsurance recoveries.
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The broking CEO was honoured for services to the insurance industry.
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The managing agent for Syndicate 609 has been involved in an M&A process this year.
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Peter Montanaro retired from his role as market oversight director at Lloyd’s in May.
