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Coverage restrictions in renewables are increasing risk for investors. -
The company did not take questions on its recently announced business review.
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In Partnership With Allianz CommericalThe renewable energy sector is a major growth opportunity for the insurance industry but the loss experience has been challenging.
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Brokers and insurers must obtain informed consent from clients for the commissions.
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The insurer acknowledged additional claims in 2025 would be “reasonably possible”.
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The CMC will categorise cyber events that have a potential financial impact of £100mn+.
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Probitas is set to grow by around 40% this year.
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The board will lead the review following feedback from shareholders including activist investor Jana.
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The executive was CFO of Marsh Specialty and Global Placement.
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Stuart Heath will retain his current role of head of delegated property.
