Transactional liability
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Sources expect at least $80mn-$90mn of insured losses stemming from the case. -
Ascot will evaluate other options for its ~$140mn-premium transactional liability unit.
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The broker hired Bruna Reis, Renée Bradbury, Gabriela Coelho and Luis Felipe Melo.
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CNA has been part of Euclid’s panel in EMEA since early 2022.
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The most common breach type was law compliance, followed by financial statements.
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Sources said Federer will assume the executive director role at Atlantic later this month.
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Earlier this week, this publication revealed that Axis and Accelerant will support the recently launched MGA.
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The M&A insurance MGA also secured support from Accelerant.
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Colin Addy and Greg Conroy, former Vale and Chubb executives, co-head the new operation.
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Retentions and coverage could be affected by future adverse claims trends.
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This publication revealed Chubb was planning to re-enter the London TL market.
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The firm hired Kami LaBerge and Egbert van der Graaff.
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