Energy
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Renewable energy premium written in London and international markets amounts to $2bn.
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It is the second deliverable of the FIT Transition Plan Project.
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The carrier laid out its business mix for the newly launched reinsurance syndicate.
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Competition for specialty reinsurance talent remains high.
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Robin Hamilton has been appointed head of energy and marine liability.
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The MGA secured backing from buyout heavyweight KKR in March 2021.
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The report aims to plug the gap in insurance-specific guidance.
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The promoted employees have all been with BHSI’s Singapore offices for years.
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Severe convective storms, wildfires and hurricanes increasingly moving inland are top concerns for the industry.
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The downstream market is also starting to soften after a “massive influx” of premium income.
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The broker said achieving profitability “remains challenging” for insurers.