Operations/tech
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The 10-year and 30-year bonds will be issued in a private placement.
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The transaction marks a return to the subcontinental insurance market after a five-year hiatus.
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The client tool will provide real-time data on pricing, profits and claims.
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The acquisition of the digital-only broker is part of GRP’s ‘omni-channel’ approach.
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Tom Shewry will take on the role on a permanent basis, after having been appointed interim CFO in September.
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PI underwriter Dean Kiernan joins from RSA and property specialist Donna Stroulger from Mapfre.
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The firm says the appointment helps to position itself as a “challenger” in the segment.
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The local Organising Committee expects to receive around 50bn yen ($481mn) for the initial delay. -
Fiona Larnach will start in March next year as Peter Grewal returns to the UK.
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The data and analytics head said investment strategies still hadn’t changed radically despite suboptimal returns for more than a decade.
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The Hartford continues to operate in the UK through its NIC UK branch and Hartford Syndicate 1221.
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Measures put forward for consultation include a single coming into line date and a waiving of deterministic rules for capital requirements.
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