Canopius
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Catastrophe losses remained high in 2021, adding 5 points to the loss ratio for the year compared to 2020.
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The former analyst joins from Agency Partners.
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The former Axa XL executive was hired as deputy CEO last year as part of a succession plan.
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The deal was brokered by Gallagher Re.
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After the HCI-owned InsurTech TypTap filed for an IPO in the US, Insurance Insider looks at other carriers that could unlock sky-high value from their tech-led subsidiaries.
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Lindsay Astor’s appointment to the new role is effective immediately.
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The carrier is expanding its US presence, having doubled GWP at Canopius USA in 2020.
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Kate Roy has served as COO for Great Britain and Willis Ltd since 2015 and been involved on the PPL board since the platform’s inception.
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The carrier said the two US hires will make its space insurance team one of the largest in the market.
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A ballot will be held in late October to find a replacement Council member for a term beginning in February 2022.
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PwC’s Gavin Phillips is to start in his new role in January 2022 as Nigel Meyer plans to resign in March 2022.
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CUO Mike Duffy predicts MGA will become “the future of Lloyd’s”.