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The new offering marks the expansion of BHSI’s US marine facilities. -
Duncan Milne and Cabot Lyman are both leaving Aon for McGill.
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The filing comes four months after Insurance Insider US revealed Bowhead’s intentions to launch an IPO this year.
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The average rate increase in the cyber market stands at 1.6%.
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Social and medical inflation and litigation financing were among the factors cited.
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The MGA’s underwriting capacity for casualty programs now totals $17mn.
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Earlier this week, this publication revealed that Axis and Accelerant will support the recently launched MGA.
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Increasingly, deals are being brought to market but not transacted on.
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Graham Knight will become chairman of natural resources.
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The ratings agency cited erosion in the company’s surplus position, among other developments.
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Workers’ comp releases continue to mask deteriorating reserves in 2023.
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Tim Cerio also credited litigation reforms for the current market recovery.
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