Energy
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Rose will be based out of Dallas, and he comes on board to expand MGA capabilities within power and energy. -
Covid concerns are still high, while natural catastrophe concerns and capacity reduction are driving premium increases.
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Executives including AIG CEO Peter Zaffino, Aon CEO Greg Case and Munich Re CEO Joachim Wenning have joined the task force, chaired by Lloyd’s.
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Oliver Brown, Penny Wang, James Emson and Jack Erritt form the team.
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Even as oil and gas regains strength post-pandemic, renewable companies are entering the market en masse, according to the broker.
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The Insure Our Future network is due to hold “physical and digital actions” in Japan, South Korea, the UK and the US.
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The hires follow the appointment of Beecher Carlson’s Eric Lynch as president of natural resources last month.
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Erin Lynch and Sara Kane worked at the Brown & Brown subsidiary for around 18 years, cumulatively.
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Helen Tarr is now a director at Global Special Risks.
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His arrival comes in the wake of a series of departures from Validus Re’s specialty reinsurance team.
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Most of the loss comes from BI, with the remainder split between physical damage and extra expenses.
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In the downstream energy insurance market, 2021 has begun relatively quietly in terms of loss activity.
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