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The CMC will categorise cyber events that have a potential financial impact of £100mn+. -
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 portfolio tracker facility is led by Canopius.
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Mills joined Nexus in June 2018.
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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.
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Aviation premiums have been described as “woefully inadequate” considering rising liability losses.
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The carrier’s US platform will continue to be led by long-time executive Sal Pollaro.
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Gay has spent more than two years at Mosaic, having joined in November 2022.
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Jason Hart, head of proactive cyber, was also promoted to managing director.
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QBE remains the lead insurer for the vehicle.
