Marsh assembles jumbo $425m US property facility
Marsh has unveiled a property facility that will provide up to $425m of non-catastrophe capacity in the London market for US and Canadian companies. The facility can also be adapted to provide up to $262.5m of non-critical catastrophe capacity and up to $111.75m of critical catastrophe capacity.
Two Lloyd’s syndicates, Catlin and Ascot will lead the cover, with the authority to bind non-catastrophe capacity on behalf of the majority of following markets.
Richard Marks, a Vice President in
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