Atrium
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Canopius relinquished its lead on the placement in the run-up to the 1 January renewal. -
Plus, the latest people moves and all the top news of the week.
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The carrier is understood to have had a significant line size on the slip.
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The business recently struck a deal to be acquired by Aquiline.
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The move to launch a second syndicate was reported by Insurance Insider in June.
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Mark Connellan is the latest addition to Bassel Matta’s team.
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Beth MacGregor and Adam Vulliamy are also set to join from Axis Capital.
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Simon Clegg will leave Syndicate 609 after 25 years.
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The airline has exercised a break clause to renew its cover six months earlier.
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In trying to solve multiple needs, specialty reinsurance opens up complexities.
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The syndicate now predicts a return on capacity for 2021 of between -5% and 5%.
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Robert James is set to join the Bassel Matta-led team.
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The Lloyd’s carrier is expected to try to claim multiple times under the policy.
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Duc Tu and Lucy Howard have resigned from Atrium.
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The new team will be headed by Brown & Brown’s Ed Byrns.
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Plus, the latest people moves and all the top news of the week.
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A second syndicate is being explored for “big and bold” new lines
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Plus, the latest people moves and all the top news of the week.
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How is The Fidelis Partnership choosing to launch into new insurance classes as it rapidly expands?
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It was announced earlier today that the US wholesaler had agreed to acquire Atrium.
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Sixth Street and Cornell also bid for the wholesaler.
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The deal comes amidst an expected spell of M&A on Lime Street.
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Plus, the latest people moves and all the top news of the week.
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The Atrium-led cover renews after the multi-billion-dollar High Court ruling.
