RSA

The carrier aims to achieve an energy underwriting portfolio that is 75% low-carbon in seven years’ time.

Neil Cryer joins from CNA, where he spent nearly seven years as head of property D&F.

The appointment comes amid a flurry of movement within the construction class.

Two of the carrier’s underwriters were hired by new entrant IQUW to build its book of business.

The announcement follows Intact and Tryg’s acquisition of the business earlier this year.

Both underwriters used to be colleagues in the marine hull team at RSA prior to Stuart Forsyth’s departure.

RSA’s London Market and European specialty lines teams are to set to join forces with Intact’s global specialty team, following Intact’s acquisition of RSA’s UK & International business (UK&I) in June.

Andy Jones will lead RSA’s risk consulting team and starts his new role with immediate effect.

Lawyers argue the hotel’s claim is similar to that of four pubs against FBD, in which the courts found against the insurer.

The newly acquired carrier has confirmed a payout of £80mn for UK Covid-19 claims so far.

Intact seals the sale just days after the completion of the larger takeover.

The information-gathering exercise for large insurers and banks won’t dictate capital requirements.