Brit takes Catlin legacy US yacht portfolio

Brit Global Specialty USA has struck a deal with XL Catlin to
secure the renewal rights of the legacy Catlin yacht portfolio in
the country.
The agreement relates to legacy policies written by Catlin,
prior to its acquisition by XL. Brit's yacht underwriters will
service existing policies through to expiration, after which the
carrier will offer renewal quotes for eligible customers.
The deal follows Brit's hires last year of Tom Carroll and
Craig McGinnes as senior vice president of marine...