Operations/tech
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The former group CFO takes the reins on 2 November. -
The undisputed news highlight of the week was the High Court ruling in the Financial Conduct Authority’s test case over UK BI claims and Covid-19.
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The team is led by Julian Pratt and Michael Lambert, and includes Simon Arden and Giuliano Montano.
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Now, at least five separate PE houses have put up money at 1 Lime Street for 2021.
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The commercial risk, health and affinity chief commercial officer says a wholesale return to the City is not “safe or sensible” at this time.
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The broker launches a lawsuit against Asia Pacific defectors after Guy Carpenter move.
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Mental health and relationship building could be challenges for remote workers, but it may reduce barriers to entry, panellists said.
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Sources said the legacy arm of Axa had lost some investor support for the second of its funds used to back legacy acquisitions.
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The group remains committed to the class in Bermuda and the US.
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New hires announced today include Lauren Escher from AIG as US general aviation practice leader.
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Financial market uncertainty, low interest rates and increasing reinsurance prices increase the importance of optimal capital allocation, (Re)Connect panellists said.
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The reinsurance broker’s international chief leaves after 35 years.
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