Insight and Intelligence on the London & International Insurance Markets 22 Aug 2017

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Aon Benfield set to gain from Heritage-Narragansett deal

  • David Bull 11 August 2017
  • Heritage is set to hand its entire combined reinsurance placement to Aon Benfield after it closes its acquisition of Northeast US carrier Narragansett Bay, The Insurance Insider can reveal.

    It will also maintain the low-attaching winter storm covers put in place by the Rhode Island-based insurer in response to a higher incidence of small cat and attritional losses in recent years.

    Guy Carpenter is understood to be the lead broker on Narragansett Bay's current placement.

    Heritage chairman and CEO Bruce...

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