Motor
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The automotive company’s total costs for the recall are expected to eventually tally up to around $1.8bn.
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The former underwriter will take up the newly created role on 9 August.
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Lockdowns led to improved performance in 2020, but FCA reforms are likely to help reduce premiums in 2021.
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At group level the pandemic has a positive effect thanks to reduced motor claims.
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Covid-19 losses materially impact the property market, but the marine, aviation and transport segment returns to profit.
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He will join fellow Ironshore alumnus Kevin Kelley, who is taking on the role of non-executive chairman.
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Germany is among other jurisdictions to have prolonged the life of similar schemes.
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The Turkish reinsurer joins more than 20 insurer shareholders.
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The highest court dashes lingering hopes of pre-Christmas certainty in the BI debacle.
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The company has signed up two car subscription firms as its first clients.
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The Axa CEO has “very high confidence” that Scott Gunter and his team will achieve EUR1.2bn in underlying earnings by 2021.
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The electric car manufacturer had earlier marketed the policy with an Elon Musk exclusion.
