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The carrier reported preliminary profits of EUR2.1bn, driven by “very low” major-loss expenditure in P&C re.
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Underscoring a more competitive market, the structure includes an escalating premium.
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The expansive European broker is targeting Mike Parrish’s team and former McGriff staff.
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Atradius Syndicate 1864 is expected to begin underwriting next year.
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Lloyd’s has confirmed the departure of two senior leaders.
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A roundup of all the news you need, including new appointments at Canopius.
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The carrier has also hired Imogen Wright as underwriter marine and energy treaty.
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Alcor has also opened an Atlanta office, broadening operations in the US market.
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A look into how the insurance industry is using AI and where practical gains are arising.
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Tokio Marine GX was launched in May to offer coverage for companies looking to decarbonise.
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BI claims are notoriously difficult to manage and some insurers believe binary coverage can help.
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Laure Forgeron has worked at the Swiss carrier since 2009 in numerous senior positions.