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Bermuda-based PartnerRe has withdrawn from writing facultative reinsurance for engineering risks despite hardening market conditions, Insurance Insider understands...
Swiss Re Corporate Solutions has withdrawn its capacity from UK construction and engineering-focused MGA Ensurance, Insurance Insider can reveal...
Construction reinsurers are reducing their deployed capacity on quota-share treaties as they look to manage volatility in the class, Insurance Insider understands...
MGA Pen Underwriting has forged a deal with CNA Hardy for its construction business, with the carrier providing capacity for up to £50mn ($63mn) in premiums until 2024...
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Samsung Engineering has withdrawn from the London construction market in a further indication of the level of stress in the class, Insurance Insider understands...
