The unit – which will serve both large healthcare providers and smaller clinics and private practices – will work alongside carriers including CNA and Chubb.
Uncertainty around war exclusions and systemic risks and the potential impact of the spike in ransomware on the profitability of the class were discussed at the event.
This year’s program – sealed with a panel of 78 reinsurers – includes $875mn of multi-year ILS capacity providing diversifying collateralized reinsurance capital.
