Operations/tech
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The Corporation must maintain a focus on profit over growth, the CEO said. -
Joint research finds that remote working has challenged the London market’s ability to innovate commercially.
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Thiago Navega will be based in Rio de Janeiro and report to Gallagher Re Brazil CEO Luiz Araripe.
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The landmark transaction with Sentry requires court clearance after gaining the state insurance commissioner’s nod.
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The syndicate has a £651mn stamp for 2021 as it looks to redeploy growth capital released from a recent adverse development cover.
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Lloyd’s still has questions to answer on growth, remediation and Blueprint Two.
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At a Reuters event, Willis’ Aubert agrees that assuming older employees would find the transition hardest was a mistake.
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The new vehicle is a joint venture with Goldman Sachs-backed broker Aston Lark.
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The Convex CEO also outlined difficulties facing the pandemic working group.
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Simon Barrett, who was Markel International’s finance director for under two years, replaces Bob Moreton who retires next year.
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The appointment follows the addition of Lockton’s Allison Hollern to the John Hopper-led financial lines team.
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The current chief says the governance structure will evolve in a “new phase” for the reinsurer.
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