Markel International names cargo, specie & terrorism underwriter

Specialist insurer Markel International has appointed Brook Styles as cargo, specie and terrorism underwriter, working from its London office. Styles has more than 13 years’ experience in marine underwriting, beginning his career at Markel. He rejoins Markel from Pioneer Underwriting, where he was most recently head of marine specialty. Style will report to Chris Fenn,…

Tailor appointed head of fine art & specie at Everest Re

Bermuda-based Everest Re has appointed Joshila Tailor as the global head of fine art and specie for Everest Insurance International, which includes Everest Insurance Ireland and Lloyd’s Syndicate 2786. Tailor most recently served as head of cargo & specie at Charles Taylor Managing Agency. Previously, she worked at Pembroke Managing Agency Zurich Global Corporate UK…

Syndicate results 2018 #16 Antares Syndicate 1274

The Lloyd’s syndicates have now published their results and, in some cases, added detail and an outlook for 2019. As last year, IMN is summarizing the results from all syndicates that have a marine interest which have provided some information on the marine side. Antarest Syndicate 1274 is part of QIC Global. The Active Underwriter…

Specie market on hook for Perelman losses; report

The fine art and specie market could be hit with a claim in the region of between $50m and $100m after a fire at the end of September at the East Hamptons home of billionaire investor and art collector Ron Perelman, according to Inside Fac. At the time the fire was reported as confined to…

Liberty Specialty Markets boosts specie capacity globally

Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, has increased its capacity for fine art and specie risks to $250m globally. Liberty Specialty Markets’ Head of Marine Mike Burle said that “this is about investing in our fine art and specie book in order to elevate our platform and expand our global…

LSM begins Fine Art & Specie underwriting in Germany

Liberty Specialty Markets (LSM) is to begin underwriting Fine Art and Specie in Germany. It has appointed Ulrike Janvier as Senior Underwriter – Fine Art and Specie. Janvier will be based in LSM’s office in Cologne and will report to David Saillen, Head of Fine Art and Specie for Continental Europe, and also to Wolfgang…

AEGIS London launches pilot for fine art and jewellery in Australia

AEGIS London is to pilot a new fine art and jewellery product in Australia, to be distributed via its OPAL online quote-and-bind platform. The product, led by AEGIS London’s class underwriter for specie Ian Seakens, will be available initially through Western Australia-based Quantum Underwriting Agencies. If the product proves successful, it will be rolled out…

LSM begins Fine Art & Specie underwriting in France

Liberty Specialty Markets (LSM) has begun underwriting Fine Art and Specie in France. Stéphanie de Montricher has been named by LSM as Senior Underwriter for Fine Art & Specie. Stéphanie De Montricher will report to David Saillen, Head of Fine Arts & Specie for Continental Europe and also Didier Robin, Vice President, Head of Property…

Cat losses in 2017 helped loss-affected marine cargo: Willis Towers Watson

Natural catastrophe-affected marine cargo business was a pocket of significant hardening within the primary insurance market this year, according to the recently published Willis Towers Watson’s Marketplace Realities GB report. “The unprecedented costs of two Category 4 hurricanes making US landfall, significant hurricane damage throughout the Caribbean, devastating wildfires in California and earthquakes in Mexico…

Liberty’s French operation to add specie and to increase headcount

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, is to add four new lines of business, including fine art & specie, to its product roster. It will also increase the size of the French team. Speaking at the AMRAE risk managers’ conference in Marseille, France, Kadidja Sinz, LSM’s Head of Continental Europe, confirmed that…