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The UK Endorsement Board was set up to endorse international accounting rules after Brexit.
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Allianz Global Corporate and Specialty (AGCS) received over 1,000 cyber claims in 2020 and has warned of no abatement in the frequency and severity of ransomware losses flooding the market. -
Distribution and strategic initiatives manager Oliver Davies will become head of distribution.
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Political risks and contract frustration coverage will now be available alongside the original political violence offering.
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The specialist political and credit risk broker BPL collaborated with Euler using an API provided by Whitespace.
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Specialty (re)insurer Chaucer has appointed Xamira Groves as its new head of insurance, where she will work closely with the group’s syndicates to expand global market share across multiple P&C lines.
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Plus the winners of the Insider Honours and all the top news from the week.
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The executive will be succeeded by Allianz Leben chief Andreas Wimmer.
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The new recruit will build out the start-up’s international political violence book.
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The French mutual’s attempt to enter reinsurance via an acquisition has been thwarted again, according to French publication L’Argus de l’assurance.
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Rinat Bektleuov joined in August 2021 and reports to Charles Goldie, chief underwriting officer.
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The loss aggregator said the change indicated initial over-reserving in the wake of the flooding.
