Aon sets up $600mn Lloyd's co-insurance 'Treaty'

Aon is set to roll out a portfolio underwriting initiative with
more than half a dozen different Lloyd's carriers that will
offer a 20 percent line to its entire London market wholesale
client base, The Insurance Insider
revealed earlier today.
XL Catlin is the overall leader for the all-class, global
"Treaty", which could write $500mn-$600mn of premium in
its first year, making it far and away the biggest piece of
portfolio underwriting in the history of the market.
Aon provided...