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Third director resigns from Generali board for ‘personal reasons’

Sabrina Pucci’s resignation follows that of Francesco Gaetano Caltagirone and Romolo Bardin.

Catrin Shi, 25 January 2022
London’s global market share of reinsurance has fallen ~2%: LMG’s Wagstaff

Trade bodies shared concerns today on the London (re)insurance market’s global competitiveness, in the first session of a House of Lords inquiry into regulation.

Marcel Le Gouais, 25 January 2022
Searchlight engages Evercore for restricted GRP sale process

The expansive business is targeting a mid-teens multiple on a marketing Ebitda of around £80mn.

Rachel Dalton, 25 January 2022
Net-Zero Asset Owner Alliance members to halve portfolio emissions by 2030

The recommended range for absolute emissions reductions by 2025 should be 49%-65% or more of members’ portfolios.

Catrin Shi, 25 January 2022
Gallagher fac team swells with WTW and Chedid Re hires

The growing fac unit now counts Ziad Seifeddine, Unnikrishnan Menon, Waseem Yoosaf and Alastair Climie among its ranks.

Rachel Dalton, 25 January 2022
Sub-Saharan Africa fac team leader Excell latest to exit WTW

James Excell, the fac leader for sub-Saharan Africa, had worked for WTW for a decade.

Rachel Dalton, 25 January 2022
Fidelis contingency underwriter Barron to depart

Fidelis joined the contingency market in 2020 amid massive dislocation caused by Covid-19.

Samuel Casey, 25 January 2022
Gallagher Re appoints Ntelekos as EMEA regional director

In his new role, Alex Ntelekos will be responsible for supporting the growth of Gallagher Re’s public-private initiatives across the region.

Luke Harrison, 25 January 2022
Private investment, post-pandemic trends drive good times for London brokers

London market intermediaries are benefiting from rocketing organic growth and boosted revenues.

Rachel Dalton, 25 January 2022
CPI: Highest rate in 40 years keeps pressure on auto carriers

The latest report shows even higher inflation pushing up severity, forcing carriers to take rate.

Insurance Insider US Research, 13 January 2022

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