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Lloyd’s broker Corrie Bauckham and Batts to wind down
The 40-year-old firm dealt primarily in North American binders.
Rachel Dalton
,
31 March 2022
Regulators will need to ‘challenge themselves’ on growth objective, minister tells Lords
Economic secretary to the Treasury John Glen appeared at a session of the House of Lords inquiry into market regulation this morning.
Marcel Le Gouais
,
31 March 2022
Marsh McLennan outlines plan to become net-zero by 2050
To help achieve its goal, Marsh McLennan has selected seven carbon-offset projects across the world.
Aisling Finn
,
31 March 2022
Axa forgoes Corbin & King appeal and looks to finalise claim
The carrier said it will examine the impact of the ruling on other claims under non-damage denial-of-access wordings.
Samuel Casey
,
31 March 2022
Eighth Lloyd’s Lab cohort launches with focus on decarbonisation
The 11 successful InsurTechs and specialists were selected among 150 applicants who pitched for a place on the incubator programme.
Marcel Le Gouais
,
31 March 2022
Argo Syndicate 1200 swings to £20.3mn profit for 2021
Remedial actions this year have included dropping property D&F and North American binder business.
Rachel Dalton
,
31 March 2022
CFC Syndicate 1988 leads the way for 2021 Lloyd’s start-ups with 103.4% CR
Inigo 1301 achieved the greatest scale of the new syndicates, writing $428mn of business.
Samuel Casey
,
31 March 2022
Zurich brings forward net-zero target by two decades to 2030
The insurer has teamed up with several carbon-removal suppliers to help it achieve its new goal.
Aisling Finn
,
31 March 2022
AerCap insurance claim higher than value of fleet in Russia
The insurer’s exposure in Russia ahead of the outbreak of conflict in the Ukraine was $3.1bn, with the lessor able to recover approximately $400mn worth of equipment thus far.
Aisling Finn
,
31 March 2022
Inflation uncertainty creates ‘bifurcated market’: MAP’s Trubshaw
The active underwriter of Syndicate 2791 called for models to account for rising prices.
Rachel Dalton
,
31 March 2022
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