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Hearn to step down as GC CEO at year end for Klisura

The executive has headed Marsh McLennan’s reinsurance broker since joining from Willis Re in 2015.

Adam McNestrie, 17 November 2021
Insurers settle £105mn of Covid-19 BI claims over last month: FCA

More than £100mn ($134mn) of UK Covid-19 BI claims were settled in full by insurers during the month to 5 November, according to the latest monthly data from the Financial Conduct Authority (FCA).

Ben Wylie, 17 November 2021
BMS pushes into terrorism and PV with Simpson-led Tysers team

BMS has entered the terrorism and political violence market with the hire of Harry Simpson and his team from Tysers.

Catrin Shi, 17 November 2021
Brown and Lockyer exit Marsh for Lockton cargo team

Marsh marine cargo brokers Kevin Brown and Lee Lockyer have resigned to join Lockton’s expanding marine team, Insurance Insider can reveal.

Samuel Casey, 17 November 2021
Floods force closure of major port and pipeline in Canada

Record rainfall has caused floods and landslides across the Canadian province of British Columbia, leading to at least one death and cutting all rail access to the country’s largest port in Vancouver, according to Reuters.

Luke Harrison, 17 November 2021
COP26 agreements show ‘progress but not victory’ in climate change fight: Swiss Re

The COP26 climate talks in Glasgow represent progress towards a necessary reduction in carbon emissions “but not victory”, with concerns remaining that pledges do not go far enough, according to Swiss Re.

Rachel Dalton, 17 November 2021
ABI names Gurga to replace Evans as director general

Hannah Gurga joins as the new director general, replacing Huw Evans.

Samuel Casey, 17 November 2021
Opinion: Does Lloyd’s need One Lime Street?

To walk away from One Lime Street at this juncture would certainly be a very bold statement on how Lloyd’s is embracing modernisation and its future.

Catrin Shi, 17 November 2021
Gen Re launches Dubai office for life and health reinsurance

The Berkshire Hathaway-owned carrier is looking to make “major contributions” to the region.

Samuel Casey, 17 November 2021
Talanx commits to 2050 net zero in underwriting and investments

The business is targeting a return on equity of 10% in its industrial lines business.

Samuel Casey, 17 November 2021

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