PV/Terror
-
PVT business has been attracting new capacity after recent rate increases.
-
Plus the latest people moves and all the top news of the week.
-
The PVT market has seen a recent spike in staff movements, as new capacity enters the space.
-
The peril is posing an increased risk of loss for the sector.
-
The carrier launched into the political violence market at the beginning of the year.
-
The short-tail buildout will feature lines including political violence and marine.
-
QBE has “effectively stopped writing new business” in response to its New Caledonia loss.
-
Police and civil authorities will likely pick up most costs.
-
New capacity and increased competition is bringing rating levels under pressure.
-
Riots erupted in the Pacific Island territory last month over electoral reforms.
-
Dominic Kirby’s departure follows that of PV head Henry Gillingham and casualty treaty head Stuart Dale.
-
The flurry of London market PVT hiring continues.
Most Recent
-
Kenya Airways shifts to WTW ahead of busy Q4 renewal season
17 September 2024 -
Accelerant hires ex-Westfield Specialty alumnus Kirby
17 September 2024 -
Ascot names former Carlyle Group CEO Lee board chairman
17 September 2024 -
Travelers restaffs in renewables and power with RSA’s Drabble
17 September 2024 -
Axis appoints Mitchell global markets head as Gregory retires
17 September 2024 -
Possible retroactive Baltimore bridge law ‘extremely concerning’: Iumi
17 September 2024 -
BP Marsh funds hit £80.2mn
17 September 2024