Swiss Re Corporate Solutions to transfer a marine hull book to Dual

Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, is set to transfer a roughly $150m marine hull book, written through its Genoa office, to Dual, the managing general agency owned by Howden. Swiss Re will provide the MGA with underwriting capacity. Dual Europe recently launched a marine operation.

London-based Dual’s existing marine & energy book included Hull, Excursion Operators Liability, Marine/Offshore General Liability. Maritime Employers Liability, Onshore energy, Offshore energy, Ports & Terminals, Property / Inland Marine, and Protection & Indemnity.