Kaufman’s RB Jones adds RSG’s Nehring as energy director
HW Kaufman Group managing general agent RB Jones has strengthened its energy capabilities with the hire of Brad Nehring as a director.
Canopius hires ex-Navigators exec Milner to lead renewable energy
Canopius has hired former Navigators executive and London market veteran Patrick Milner as its new head of renewable energy, The Insurer can reveal.
Energy liability capacity reduces as major buyers turn to alternative risk solutions
The level of energy liability capacity available continues to dwindle with some major firms now unable to secure limits of more than $1bn without resorting to alternative risk financing solutions, according to Willis Towers Watson (WTW).
Fidelis and Convex increase space capacity helping offset AIG’s withdrawal
Fidelis and Convex have scaled up their space/satellite capacity for 2021, helping offset the impact of the withdrawal of AIG last November.
WTW: Upstream energy hardening mild overall but offshore CAR up 20-75%
The upstream energy market is characterised by record capacity, benign losses and mild rate hardening but the offshore construction portfolio continues to operate at a loss, Willis Towers Watson (WTW) states in its new Energy Market Review.
Marsh: State-backed trade credit schemes propping up “zombie” firms
State-backed trade credit schemes launched by governments to protect businesses during the Covid-19 pandemic could be propping up “zombie companies”, with broker Marsh Specialty warning that there could be a wave of insolvencies when state aid eventually comes to an end.
Kaufman’s RB Jones adds RSG’s Nehring as energy director
HW Kaufman Group managing general agent RB Jones has strengthened its energy capabilities with the hire of Brad Nehring as a director.
Canopius hires ex-Navigators exec Milner to lead renewable energy
Canopius has hired former Navigators executive and London market veteran Patrick Milner as its new head of renewable energy, The Insurer can reveal.
Energy liability capacity reduces as major buyers turn to alternative risk solutions
The level of energy liability capacity available continues to dwindle with some major firms now unable to secure limits of more than $1bn without resorting to alternative risk financing solutions, according to Willis Towers Watson (WTW).
Argo Pro president Landi to depart
Argo Pro president Craig Landi is leaving the carrier after five years for an opportunity outside the business, The Insurer has learned.
CNA cyberattack financial impact covered by insurance; ratings left unchanged
CNA Financial will absorb any of the potential financial consequences arising from the cyberattack on its systems through its cyber insurance coverage according to S&P, with the agency joining AM Best and Fitch Ratings in saying it will take no ratings action in response to the breach.
Marsh hands Quintal and McLellan liability leadership roles
Marsh has unveiled new leadership appointments in its US financial institutions (FI) and financial and professional liability (Finpro) practices.