The insurance facility can be purchased independently or used to supplement existing coverage
The firm previously secured £175 million in ILS capacity to source reinsurance protection through the issuance of catastrophe bonds Baltic PCC Limited
The product, available to projects globally, addresses critical insurance limitations that have previously hindered the rapid advancement of the carbon capture and storage industry
The appointment of Stephen Moss, group head of financial lines and cyber at Zurich, comes after Cowbell secured a US$60 million Series C funding round, led by Zurich
Stuart Reoch brings over 35 years of experience to his new role, having most recently served as casualty manager at Allianz in Birmingham
The integration will enable commercial insurance underwriters to instantly gain access to Xapien's AI due diligence tool via Cytora's risk processing platform
DARAG says the transaction will simplify the firm's operations, allowing the company to focus on its core European business
The result reflects Lloyd's market’s excellent position in the global general (re)insurance market as a leading writer of specialty property and casualty risks
