Energy
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The sanctions will further complicate the delayed construction of the 2,460 km pipeline between Russia and Germany.
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Peter Draper was AFL’s international property and energy director, and before that worked at UIB for 13 years.
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The Tokio Marine HCC MGA takes Zoe Massie from AGCS and confirms the hire of Talbot’s Joshua Cantwell.
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Co-founders include former Lockton executive Bill Kost.
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The Aon Global Energy chief commercial officer’s move reflects continued strong interest in the broking sector among financial investors.
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Reports from operators suggest minimal damage to assets, most of which will be covered by retentions.
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Lou Canaras now leads the energy division of AmTrust Title Insurance.
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One source predicted a loss tally as low as $200mn.
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He has joined the intermediary’s Houston office.
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Early reports from the Gulf of Mexico suggest that damage could be less than the $1bn-$2bn range.
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A spell of damaging losses has led to sustained positive rate movement in the sector.
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The expansive broker adds another former JLT Re executive, intercepting Martin Stephenson’s move to Aon.
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