A battle for the huge and lucrative contract to place the collective reinsurance cover of the leading protection-and-indemnity (P&I) clubs appears to be in prospect.
A tie-up covering the wholesale and treaty reinsurance activities of the Miller and Willis insurance broking operations have got rivals sizing up their prospects in the P&I market.
Miller Insurance Services has placed the world’s biggest reinsurance contract that provides up to $3bn of cover for the 13 International Group clubs for more than 60 years.
The
