Starr
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Starr and Axon also are among those exposed to the Marsh USA-placed $40mn line.
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The MGA is building out its product base from its latent defects and surety offering.
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A positive outcome could significantly curb insurers’ exposure to the loss.
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London-based US excess casualty writers are increasingly looking to attach lower in the tower.
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Of the 178 passengers and crew on board, no serious injuries have been reported.
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The upstream market has undergone a period of high personnel movement.
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Claims in recent months have brought a period of benign loss activity to an end in the class.
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Starr-leads the WTW-placed all-risks cover for American Airlines.
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Chris Nixon has been promoted to underwriting manager, executive & professional lines, UK.
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Starr is understood to be one of several carriers to reach an in-principle agreement with AerCap.
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The business recently hired former Occam PVT underwriter Nicholas Stevens.