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The UK regulator’s stress test assumes higher global warming temperatures and carbon prices than other watchdogs’ similar assessments. -
The regulator is proposing changes to suitability assessments for insurers, incorporating sustainability measures.
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The president of BHSI’s UK and European operations outlined to this publication expansion plans for the $1bn-premium division.
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Andrew Bauckham also served as chair of the Lloyd’s Market Association’s terrorism and PV panel.
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The carrier has also disclosed carbon emission breakdowns across its underwriting portfolios, as well as D&I figures for its workforce, in an ESG report.
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State senators will vote on the bill on the Senate floor tomorrow.
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The Financial Reporting Council has found evidence where audits of insurers’ financial statements have not been rigorous enough.
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Aon’s report covering multiple classes and geographies highlighted improving conditions in D&O for the UK, and a moderation of rate rises in property.
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The second-round bid deadline is understood to be at the end of June, with another round of management meetings next week.
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Earlier this month, the publication reported that Galvis had joined Oneglobal as part of the broker’s buildout of a Latin American operation.
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He moves from Axis Capital and will succeed Jon Levenson.
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Managing partner Brian Hayes will lead the unit that aims to serve SMEs.
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