Operations/tech
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The carrier's 2020 net loss estimate remains intact after the buffer for potential Australian BI losses.
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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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Katie Small, Nick Gavin Powell and Michelle Suckling are set to join the business in the second quarter of this year.
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The outgoing finance chief will stand down in July but stay on in an advisory capacity until the end of the year.
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Sophie Irvine was the only renewable energy underwriter left after Canopius’ Netherlands-based team left the business last year.
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A regulator-mandated restructuring of the relationship between managing agents and the Brussels hub will, however, add cost.
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The broking and consultancy giant says it will also reduce carbon emissions to 15% below 2019 levels by 2025. -
Scully fills a gap left by the departure of Steve Hartwig to Ark last year.
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Vibe’s Richard Fricker is its international operations head and Sonia Stanton and Samantha Game also join the business.
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The rethink comes just weeks into Brexit proper and vindicates longstanding concerns that regulators would change initial arrangements for the Brussels hub.
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The additional raise takes the carrier’s committed capital to $3.2bn.
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The carrier says it will back “climate-positive” technologies at the expense of carbon-intensive businesses.
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