Chaucer
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The launch is Chaucer’s first foray into the class. -
The conflict between US and Bermuda legal systems offers no easy route for counterparties to fraud-impacted transactions.
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The insurer said cat models had failed to gauge potential levels of damage accurately.
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Mallen previously spent over 10 years at Chaucer, most recently as a US casualty reinsurance underwriter.
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The underwriter has worked at the carrier for almost 20 years and has a background in specialty reinsurance.
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The products are designed to protect against instances of purchased carbon credits failing to materialise.
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Announcements and interviews at the UN conference have shed light on the tools emerging to help carriers decarbonise their underwriting portfolios.
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Jardine currently serves on the advisory board of parametric risk-transfer trading platform Akinova.
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