Operations/tech
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The current chief says the governance structure will evolve in a “new phase” for the reinsurer.
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The tactic comes after the investors had three nominees installed on the risk modeller’s board this week.
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The CEO also discloses $712mn of run-rate premiums under control and client base of over 190. -
Sirius shareholders favour the deal but dissent on compensation proposal.
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Former Canopius marine treaty head Andrew Gladwin becomes CEO of the British entity.
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JAL Ventures led the funding round at the distribution platform.
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There has been a string of underwriter transfers in the financial lines market amid hardening conditions.
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Tina Baacke will join the business from 1 January and succeed Martin Schürz, who retires in February.
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The territory has been relatively untouched by outbreaks of the virus so far.
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The ruling will follow a final, uncontested court hearing on Wednesday.
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The move comes as conditions continue to improve for hull underwriters following years of losses.
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Plus Aon's new cat XoL facility under the spotlight.
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