Chubb

The carrier split its specialty composite treaty into two contracts to get its programme home.

The carrier has extended the limit to $1.275bn for the year to 31 March 2023.

The figure was partially offset by $15mn of pre-tax unrealized gains, bringing a total net realized and unrealized loss of $58mn.

Conditions for SPAC D&O are likely to remain turbulent, amid the heightened SEC scrutiny and uncertainty concerning claims resolution.

The new lead underwriter has almost 30 years’ experience including stints at Chubb, Faraday and Howden.

Chubb has also received demands from shareholders for more information on its climate-related policies.

The appointment comes after Allison Wilkinson departed Chubb to join Convex.

The insurer expects to close the transaction during 2022 upon Chinese regulatory approvals.

The senior underwriting figure will lead one of the bigger aviation portfolios in the London market.

Nathalie Meyer, Nikolay Dmitriev and Christian Graber have been promoted to fill Dawn Miller’s shoes, was she leaves to join Lloyd’s as commercial director.

Based in London, Janet Edey will be responsible for developing Chubb’s financial lines business in the UK, Ireland and South Africa.

Chubb has promoted Emma Walker to the head of aerospace role for Chubb Global Markets, giving her responsibility for managing and developing the carrier’s global aerospace portfolio.