Talbot Underwriting News

AIG Names StarStone’s Rash as CEO of Talbot Underwriting

American International Group announced that Chris Rash has been appointed chief executive officer of Talbot Underwriting, which operates within the Lloyd’s Insurance Market through Syndicate 1183. Rash has also been appointed to the Talbot Underwriting board. He will oversee all …

London Market Launches Data Capture Service Designed to Cut Data Re-Keying

The London Market Group (LMG) announced that one of the core solutions for improving the London market’s efficiency, called structured data capture (SDC), has gone live for the lines of terrorism, financial lines, marine, property and casualty. By removing the …

Talbot Launches Enhanced Terror Facilities for Singapore, LatAm, Dubai

Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., announced the launch of three enhanced Lloyd’s-led terror facilities in the Singapore, Latin American and Dubai markets. In response to the increasing demand for this distinctive coverage, these facilities …

Talbot Underwriting Beefs Up Cyber Offering, Hiring ANV’s Mayes & Anderson

Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., has appointed a dedicated team of cyber underwriters. Phil Mayes joins the team as senior class underwriter, and Gillian Anderson joins the team as class underwriter. Mayes has more …

Talbot Underwriting Australia Taps Former Catlin Exec Case as Managing Director

Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., has appointed Andrew Case as managing director of Talbot Underwriting Australia. During his 30 years of experience in the insurance industry, Case established and led several businesses in Asia …

Talbot Underwriting Launches $50M Consortium to Cover NBCR Terrorism

Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., announced the launch of a Lloyd’s led consortium for nuclear, biological, chemical and radiological (NBCR) terrorism. The facility will allow brokers to fully bind through one underwriter, with Talbot …

Greek Shipowner Arrested for Fraud After Insurers Question Alleged Pirate Attack

A Greek shipowner was arrested by London police as he left court after testifying in a $77 million lawsuit against the insurers of a ship that was allegedly damaged by pirates off the coast of Yemen. Police officers told Marios …

Talbot & Markel Offer D&O Facility in MEA Region with Per-Risk Capacity of $30M

Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., has joined forces with specialist insurer Markel International to provide a facility for directors and officers risks in the Middle East and Africa (MEA) marketplace. Offered through Lloyd’s Dubai, …

Zika Exclusion Now Commonplace in Cancellation Cover for Latin America Events

Organizers of rock concerts and conferences in Latin America or fringe events at the Rio Olympics beware: if you still need insurance to cover cancellation due to the Zika virus, it’s probably too late. The International Olympic Committee (IOC) should …

Validus Announces Senior Executive Appointments at Talbot Underwriting

Validus Holdings announced a series of senior management appointments at Talbot Underwriting Ltd., its wholly owned subsidiary. Rupert Atkin will retire as chief executive officer of Talbot on Feb. 29, 2016. Peter Bilsby, currently managing director of Talbot, will succeed …