Aon
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Evercore is leading the capital raise process and Aon is assisting with the Lloyd’s application process.
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He will report to Kelly Superczynski, Aon’s global head of capital advisory.
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The index-based coverage will be for the benefit of Lloyd’s Syndicate 1910.
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The most extensive damage was caused by rainfall in Texas, Louisiana, Mississippi and Florida.
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Juniper Re Bermuda received preliminary approval from the BMA last month.
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The broker said 1 April Japanese renewals reinforced positive trends in the US at 1 January.
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He was executive managing director in Aon’s wholesale treaty team.
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Sponsors still secured terms that were favourable relative to traditional cover.
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The conflict between US and Bermuda legal systems offers no easy route for counterparties to fraud-impacted transactions.
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The client lacked options in the conventional insurance market.
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Growth driven by 14% expansion in reinsurance solutions division.
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The committee claims Chaucer waited until it had ‘maximum leverage’ over other debtors.