Chartis ups commercial property per-risk capacity

Chartis has increased its commercial property per-risk capacity to $1.5 billion.

Whereas this level of capacity had previously only been available to Chartis’ North American domiciled clients, the increased global capacity now supports all clients with large limits/highly protected risks coverage needs, regardless of domicile.

“This additional capacity demonstrates the Chartis insurers’ commitment to best serve our Commercial Property clients in every jurisdiction where we do business,” said George Stratts, president, global property for Chartis.

“With our global footprint, financial strength and established leadership in captive management and multinational programs, we are in an excellent position to provide competitive solutions to both large single location and multinational clients.”