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The Swiss insurer will continue to write the class of business from its French office.
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The move marks a return to underwriting for Michelle Boyd, who worked at Axa XL and HDI.
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Tim Watson most recently served as a senior credit and political risk underwriter.
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The move comes amid a restructure of Axa XL’s specialty leadership.
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In part two of our 2025 outlook, we explore the drivers of carrier M&A and recreating the ESG agenda.
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Each of the new participants is already invested in portfolio underwriting.
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Plus the latest people moves and all the top news of the week.
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Certain new and old themes will re-emerge this year as the balance of power shifts.
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Reserves are likely to be set following initial court rulings this year.
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Aviva is targeting £125mn of annual savings within three years of the deal.
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As 2024 draws to a close, we reflect on the events of the year for the London market.
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Churn is expected to return to the market in 2025 as scrapping of older fleet accelerates.