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Hardening has recommenced in the market, although conditions vary depending on client, according to WTW.
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The underwriter will focus exclusively on onshore and offshore energy insurance worldwide outside the US, focusing on clients transitioning to a net zero environment.
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Reserving has increased substantially, inflicting another major claim on the loss-hit class.
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Sources said they were seeing more verticalisation of placements in the energy market, particularly in the downstream segment.
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The broker focused on African, North Sea and Latin American business at Primassure and has 30 years’ experience.
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Energy underwriter Tim Welsh has held a string of increasingly senior positions at the carrier since 1994.
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Highlander has $300mn of insurance coverage, placed by Ed Broking and led by Munich Re Syndicate.
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Ex-Miller broker Andrew Vertigan will also join BMS’ energy team as it looks to strengthen its service offering.
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Underwriters are responding to onshore losses in 2022, but offshore continues to attract new capacity.
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The recruit has also worked for Arch, Swiss Re, QBE and others.
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The carrier has launched into downstream energy, marine and aviation in the past year.
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Human rights groups have issued a complaint to a US mediation body alleging that Marsh has violated OECD guidelines for corporate standards.