January 22, 2025
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The industry vertical is bucking a trend in the cyber market overall, which remains soft. -
The temporary deal would remain in effect through a trial on the merits.
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Private capital-backed buyers accounted for 605 of 854 deals last year.
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The executive’s departure comes amid a wave of cyber reshuffling in the industry.
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Guy Carp has been rebuilding its marine and energy team after a major Willis Re team lift.
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The MGA is looking to drive its commercial strategy across the globe.
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Reserves will join rate softening, margin pressure, as key topics in Q4 discussions.
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It is understood that the MGA will use AI to try to identify claims patterns and litigation outcomes.
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The unit will be part of ICW Specialty, which launched in June 2025.
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Patent and copyright infringement were the top AI-related legal claims.
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The carrier has also promoted Jamie Pedro to head of specialty re, Bermuda.
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The biggest riser in this year’s Allianz Risk Barometer was AI.
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