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Coverage has broadened while limits have increased, the broker said. -
The company has also promoted Alex Baker and Tim Duffin.
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Western insurers do not insure Iranian risks, with the country subject to sanctions.
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The start-up has hired four people to join the division.
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The £3.7bn deal was announced in December.
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A roundup of all the news you need, including a reorganisation at Oak Re.
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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.
