-
The firm’s underwriting performance is hard to piece together from the limited available data.
-
The mean nuclear verdict for 2013-2022 was $89mn, versus $76mn in 2010-2019.
-
The cyber underwriter also raised the annual revenue to $5bn for companies it will offer coverage to.
-
Regulatory compliance risks were listed as the third-greatest concern.
-
The Incyde Risk facility will provide up to $25mn in capacity on a primary and first-excess basis.
-
The most common breach type was law compliance, followed by financial statements.
-
Hallmark’s commercial business will be fronted by HDI subsidiaries.
-
Browne joins from Allianz Global Corporate & Specialty, where he was head of specialty.
-
Carnevale was previously chief risk officer for Homesite Underwriting Managers.
-
The executive announced last month that he was leaving Parsyl, where he had worked since 2021.
-
Beazley has tapped Melissa Carmichael as head of US cyber, effective immediately.
-
Some see flat renewals this year, while others report deployment of larger lines.