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

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HDI leads Texas chemical factory programme  

  • Bernard Goyder and Gavin Bradshaw 31 August 2017
  • HDI Global, the industrial insurance arm of German (re)insurance group Talanx, is the lead insurer on the property programme for the Texas chemical plant that is currently on fire, following heavy flooding caused by Hurricane Harvey.

    The global property programme for the plant's owner Arkema is understood to have been placed by Marsh, and covers 136 facilities worldwide.

    Market sources told sister title Inside FAC that the risk is also facultatively reinsured in the international market, with carriers in both...

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