Energy
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It will begin underwriting from April 2024. -
The business will be led by Alex Kirkby, new head of marine and energy.
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The appointment comes two weeks after this publication revealed that the executive had resigned from Lockton to join the rival broker.
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The broker said it anticipated new entrants in the downstream class following a profitable 2023.
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The alternative energy warranty captive solutions will be available throughout the United States and Canada.
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The pair will be responsible for managing underwriting activity across their respective lines.
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The Fidelis IPO has no clear precedent, but there is an appetite for investment in the specialty space, as seen earlier this year with the Skyward public listing.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Highlander has $300mn of insurance coverage, placed by Ed Broking and led by Munich Re Syndicate.
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Human rights groups have issued a complaint to a US mediation body alleging that Marsh has violated OECD guidelines for corporate standards.
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The book of business was performing poorly, and was exposed to major claims from the 2021 Huntington Beach oil spill in California.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
