Energy
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Lucy Clarke said insurers must better understand risks as energy firms move from finite to renewable sources. -
Barnes moved to Houston earlier this year to lead the Marsh JLT integration
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The decision, made by a US bankruptcy judge, sent PG&E shares plummeting by as much as 30 percent on Monday.
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A report from the broker said insurers’ tolerance of mediocre results has hit an ‘inevitable bottom’.
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Alicia Calhoun serves as energy oil and gas practice leader and is based in a satellite office in Houston, Texas.
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The Philadelphia programme also has big lines from Munich Re and Scor.
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Pressure from both Lloyd’s and company markets has pushed up rates in the energy market segment.
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David Hawksby will lead the energy portfolio from Houston.
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Tom Houston will work with upstream specialist Steve Hawkins at the new carrier.
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Insureds are resisting rate rises after another loss-free year for offshore wind risks.
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