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The Gallagher Re executive called on the market to “prepare to grow sustainably together”. -
The facility now includes CyXS Plus and CyXS Company.
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Lloyd’s has been likened to a “toothless tiger” in its crackdown efforts.
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Ex-Hannover CEO Jean-Jacques Henchoz exited from the reinsurer at the end of March.
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The coverholder’s deal with SiriusPoint expired at 1.4.
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Allianz has previously entered several capacity arrangements with the MGA.
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The carrier laid out its business mix for the newly launched reinsurance syndicate.
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The strategic investment supports Icen’s international ambitions.
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Overall market capacity increased by 5.3% year-on-year, the broker reported.
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The Paragon-owned coverholder is known as a specialist in film insurance.
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James Barrett has been interim head of cyber since October 2024.
