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PRA director Gareth Truran has outlined the dangers of cutting capital requirements for certain assets for insurers, in a speech on specific Solvency II reforms. -
The European Commission wants to incentivise the insurance sector to invest in the post-pandemic recovery.
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Matthew Burton will work as a senior vice president for business development and Paul Fry as head of London office.
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Industry veteran David Sapia will join the leadership team of expansion focused HDI Global.
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Axa UK has appointed David Ovenden from Willis Towers Watson as CUO for its commercial business, a role where he will be tasked to deliver pricing and underwriting programmes and oversee a continual development of underwriting capabilities.
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The regulator has published monthly claims data instalments following the conclusion of the test case into BI cover.
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The nature of the hire demonstrates the level of competition for top talent in the sector.
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From ESG to social inflation, systemic risk to cat risk, we highlight some of the top discussions from this year’s four-day virtual conference.
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QBE Europe’s new chief customer officer Andy Besant will report to Cécile Fresneau, managing director for insurance.
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The Fidelis CEO said stochastic modelling was “pretty much meaningless” and failed to consider the impact of climate change.
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The investment bank also said further insurance claims are being prepared.
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“We do need to be careful about exuberance,” the CEO said, warning that complexities such as climate change and social inflation remain.
