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Tokio Marine: Greensill policies void after ‘fraudulent misrepresentation’

The withdrawal of insurance coverage provided by subsidiary The Bond & Credit Co was linked to the collapse of the supply-chain finance firm.

Samuel Casey, 04 April 2022
Aviva appoints RSA’s Jones as CFO

The appointment of Charlotte Jones is effective from 5 September, subject to approval by the Prudential Regulation Authority and Financial Conduct Authority.

Luke Harrison, 04 April 2022
AUB confirms Tysers talks; parties yet to agree ‘acceptable terms’

Odyssey began preparing Tysers for sale in May 2021 and launched a formal auction for it in June 2021.

Luke Harrison, 04 April 2022
Lloyd’s 2021 results: Benchmarking the market’s performance

Lloyd’s improved its underwriting performance relative to its most directly comparable peers in 2021, Insurance Insider analysis shows.

Ben Wylie, 04 April 2022
Berkshire-Alleghany: Are investors getting fair value?

Inside P&C Research’s SOTP valuation range tops out 17% above the price, but the stock was range-bound and there were no other bidders.

Insurance Insider US Research, 23 March 2022
Tysers on the brink of sale to Austbrokers as M&A saga nears end

The independent broker has an end to its long search for a new owner in sight.

Rachel Dalton, 01 April 2022
Inclusion@Lloyd’s membership grows to more than 7,900

The governing body has also set out its goals for the next two years, including promoting diversity initiatives within market bodies and raising awareness of its Partner Networks.

Aisling Finn, 01 April 2022
RenRe CEO O’Donnell appointed ClimateWise chair as reinsurer adds new ESG roles

The carrier has introduced a number of ESG-focused roles, which sees Cathal Carr, SVP, underwriting, appointed as global head of climate and sustainability strategy.

Luke Harrison, 01 April 2022
The Week in 90 Seconds: Russia PV and marine fears; 1.4 renewals; Syndicates back in the black

Plus the latest executive moves and all the top news of the week.

Rachel Dalton, 01 April 2022
Walmart warehouse fire results in $175mn ground-up property loss

If the retail firm also has to pay for structural damage to the building, this will add $80mn to the loss total, sources said.

Catrin Shi, 01 April 2022

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