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Marsh JLT Specialty has appointed Mike Johnson as chairman of its UK construction, infrastructure and surety practice effective immediately, succeeding Tim Smith, who is retiring...
Uncertainty around the lifting of lockdown restrictions and a disrupted supply chain have left the construction insurance market in a “state of suspended animation”...
The work-from-home experience is prompting companies to review their real estate requirements...
The construction market is bracing for debate around Covid-19 claims as several wordings could be used by insureds to make a claim, Insurance Insider understands...
Four senior property specialists have left Axis’ primary insurance business in the US, Insurance Insider understands...
Samsung Engineering has withdrawn from the London construction market in a further indication of the level of stress in the class, Insurance Insider understands...
AIG has put its Latin American construction book into run off, as the company’s retreat from large limit underwriting continues, Insurance Insider understands...
Ash Bathia’s Lloyd’s business Probitas has ceased writing open-market construction business and senior construction underwriter Brian Lewis has departed, The Insurance Insider can reveal...
Axa XL has acquired Secure Legal Title, a Lloyd’s coverholder that offers insurance for legal risks in property transactions and mortgage finance...
