Pol risk, credit & surety
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Dover and Nersessian-Hristova’s appointments mark the first expansion of Convex US since its launch earlier this year. -
The Massachusetts Bay Transportation Authority claims the firms failed to act over the bankruptcy of LMH-Lane Cabot Yard Joint Venture.
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Based in New York, Greer is responsible for leading the surety reinsurance efforts in the United States, Canada and Puerto Rico.
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The 222-page complaint describes fraud committed against various carriers, including Zurich, Tokio Marine and Everest in surety, D&O and homeowners’ insurance programs.
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The broker said Ukraine will fall into a deep recession this year following Russia’s invasion.
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The carrier has also promoted Srdjan Todorovic to lead its global political violence operation.
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The broker’s political risk report has highlighted the competing interests between countries for ownership of untapped natural resources and space exploration.
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Cyber policies already include war exclusions, but market participants now expect more explicit language and tighter terms and conditions.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The ratings agency has also terminated the provision and redistribution of all information products and services to clients in Russia with immediate effect.
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The company will withdraw all of its outstanding ratings on Russian firms before 15 April, having already announced the suspension of its Russian operations.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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