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The duo move to the carrier from BHSI.
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Aon's numbers from this quarter provide a useful update on the current market hardening in just three points.
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The new capacity will be welcomed by brokers and clients as conditions continue to harden.
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Aon’s placement data shows that rates for primary D&O policies increased by 7.6 points between July and August.
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D&O carriers are now assessing corporations’ board diversity plans as part of the underwriting process.
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Watford is liable for a $18.6mn fee if the Arch deal is terminated.
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The full cost of Covid-19 on D&O liability may take years to unravel, but initial indications point to an underwriting loss in 2020 for the embattled market.
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The broker’s Clips survey also recorded a significant acceleration in property prices.
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TransRe will provide the start-up MGA with capacity through its Fair American Insurance and Reinsurance subsidiary.
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The carrier will be actively targeting excess lines on US-listed placements, where capacity has been shrinking.
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Workers’ comp rates turned positive for the first time in over 5 years, CIAB data showed.
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All accounts renewing in June received rate increases, compared with 96% in May.