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Dowling Partners is advising the company.
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Given ample capacity and no sharp increase in demand, a market sea change is not expected, barring an unforeseen economic event.
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WTW said the rise of the risk from health and safety was “surprising”.
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The mutual’s AM Best FSR rating is under review with negative implications.
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Lockton broker Gary Giulietti said the size of the bond is "rarely, if ever, seen".
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The project is not immediately moving forward due to lack of client demand.
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But auto insurance is still a ‘hot-button’ item for carriers.
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Headwinds weigh on carrier results, but premiums and surplus remain mostly stable.
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Glatfelter CEO Chris Flatt will become interim chief executive.
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Catch up with the latest developments in this rapidly growing segment.
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This publication revealed Chubb was planning to re-enter the London TL market.