Zurich
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The mid-market commercial insurer also gains authorisation in Washington State.
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Fema deputy administrator for resilience Daniel Kaniewski said it could be argued the agency created a “moral hazard.”
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The case exemplifies the complications historic opioid claims are causing in the market.
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The cyber specialist joins the MGA’s California office as head of underwriting.
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The product will be underwritten by Dovetail Insurance, a Victor subsidiary focused on InsurTech.
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The transaction has now received regulatory approval and has closed.
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AIG, Chubb, Markel, Swiss Re and Zurich are among the carriers which face potential losses from the tour operator's collapse.
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Swiss Re, Allianz and Zurich are among those backing the UN initiative.
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Peter Giger was previously CFO at the Swiss insurance group.
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The business is likely to be valued at around $500mn, according to market sources.
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The Pennsylvania-based grocer has been named in multiple lawsuits by plaintiffs seeking to recover billions of dollars over opioids.
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The executive will head up the unit following Angelo Colombo’s departure to Swiss Re.
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