Payton joins Gallagher Specialty following Capsicum Re buyout
Malcolm Payton, managing partner and head of facultative reinsurance at Capsicum Re, has joined Gallagher’s specialty division, following completion of the Gallagher-Capsicum takeover deal.
Sector profile: Political violence
With expectations that protests in Chile could reach up to $2.5bn in insured losses for the all-risks market, property insurers are beginning to exclude SRCC clauses from their coverage