Chubb

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.

Analysis of financial data shows that the last decade has seen a marked increase in the proportion of premiums ceded by carriers in all sectors.

The transaction will near-double the size of Chubb’s A&H book and increase its Asia premium from $4bn to $7bn.