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Two legal academics, giving evidence to the House of Lords inquiry into London market regulation, highlighted the need for a climate-focused duty for regulators. -
Graeme Young is relocating from Eliot’s New York office to his native Australia to run the executive search firm’s new unit.
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The carrier has bought out positions in Future Generali India Insurance and Future Generali India Life.
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The year broke a number of records in terms of insured losses.
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Fidelis joined the contingency market in 2020 amid massive dislocation caused by Covid-19.
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The ratings agency is allowing more time for feedback on proposed changes to assessing insurers’ capital adequacy levels.
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Tokio Marine & Nichido Fire Insurance Co also plans to join the partnership for Carbon Accounting Financials initiative.
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A further £51mn of claims were fully settled in the month to 5 January, per the latest release of data.
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The association will also focus on initiatives to support digital transformation in the London market.
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Two of the carrier’s underwriters were hired by new entrant IQUW to build its book of business.
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Southgate worked at the likes of Canopius, Swiss Re, Aon and Sturge Syndicate during his career.
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The carrier has been rebuilding its D&O team after a number of staff left to launch new books of business.
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