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A $30bn industry loss would use one-third of Big Four’s 2025 cat budgets. -
The Willis name, which dates back to 1828, will be used with clients and markets.
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Robin Hamilton has been appointed head of energy and marine liability.
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Sources said that the new paper is replacing PartnerRe capacity that was backing the MGA.
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The company will now focus on growing its E&S and InsurSec offerings.
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‘Emotionally driven’ claims by non-profits underscore their unique D&O exposures, according to Travelers' Nicole Murphy.
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Piyush Patel and Sandra Russo have joined Dellwood as head of programs and AVP, respectively.
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Rates are now falling, but submissions are still rising, according to wholesale brokers.
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Irwin joins the firm from Beazley, where she’d worked since 2019.
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Carlos Becerra will succeed Delgado as Miami-based LatAm fac head.
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Last July, this publication revealed that the agency had retained Piper Sandler to run a process.
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Syndicate 609 will cede net loss reserves of approximately $196mn.
