Pol risk, credit & surety
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Other appointments in the team include Nick Ayres as chairman of global credit and Doug Espenson named as head of US mortgage. -
Argo has also hired former RLI surety head Greg Chilson as an adviser.
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If the crisis had played out differently with defaults on deposits, surety insurers would have run up huge losses.
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The Fidelis IPO has no clear precedent, but there is an appetite for investment in the specialty space, as seen earlier this year with the Skyward public listing.
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Inside P&C’s news team runs you through the key highlights of the week.
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Topics discussed included Caribbean cat risk, protests in Peru, crisis in Argentina and the World Cup.
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The expected results are a result of the unusually low levels of insolvency and subsequent claims frequency.
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Cedants are grappling with rising rates while coverage narrows.
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The Cayman Islands-headquartered reinsurer held a 49% stake in the Mexican firm, according to its 2021 annual report.
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Dover and Nersessian-Hristova’s appointments mark the first expansion of Convex US since its launch earlier this year.
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The Massachusetts Bay Transportation Authority claims the firms failed to act over the bankruptcy of LMH-Lane Cabot Yard Joint Venture.
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Based in New York, Greer is responsible for leading the surety reinsurance efforts in the United States, Canada and Puerto Rico.
Related
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