Chubb-Zurich-Berkshire facility includes $10mn client co-participation
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Chubb-Zurich-Berkshire facility includes $10mn client co-participation

Both Chubb and Zurich will underwrite the risks, with Nico as the sleeping partner.

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The newly minted $100mn claims-made casualty facility from Chubb, Zurich and Berkshire Hathaway’s Nico will require insureds to accept a 10% co-participation up the side of the tower, Insurance Insider US understands.

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