QBE
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The carrier is introducing a tool that allows leaders to "continually understand and check pay and progressions of their teams based on ethnicity and gender".
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The Financial Conduct Authority’s latest release on UK claims data for Covid-related BI losses shows an acceleration of acceptances during June.
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The CEO also laid out QBE’s strategy and urged the market to work together on innovation.
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The facility is the second in South America for the firm, which established a local presence in Argentina in 2016.
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The loss portfolio transfer gave an exit solution to investors in the ILS-backed legacy fund.
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The Australian carrier says catastrophes cost it a net $260mn, 44% above its allowance.
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Trade association research found that women make up only 27% of directors at 31 member companies surveyed.
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The new recruit has worked at Willis Re, Munich Re and Swiss Re during his career.
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The underwriter is a recognised market leader in a number of segments, including builders' risks.
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QBE Re has appointed Attilio Tornetta as head of Africa in a bid to grow its treaty hub for the continent.
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The announcement came after Australian Securities and Investments Commission said it had been investigating insurers’ exposure.
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QBE is said to be a fourth potential bidder.
