Strategy
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Everest’s AIG deal meaningfully cuts its primary exposure. -
The facility provides coverage for property, terrorism, energy, construction and utilities risks.
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Ark has been adding new product lines across its three Lloyd’s syndicates.
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Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created.
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The reshuffle is likely laying the foundations for the eventual succession to CEO Mario Greco.
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The MGA is also looking to build out its US mid-market professional liability expertise.
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Carriers are rethinking the traditional renewal-rights model.
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The carrier has hired José David Jiménez García as managing director for Germany.
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The specialty insurer was recently acquired by Korean carrier DB Insurance.
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Alliant is in the process of moving the ~$1bn of business it places with Howden to other wholesalers.
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Sources said Marsh Specialty UK growth leader Lizzy Howe will lead the operation.
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The former civil servant joined the Corporation in October 2021.
