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The Week in 90 Seconds: Howden buys Aston Lark; Property turmoil; Premium flight to company markets

Howden inked its biggest deal to date with its agreement to acquire Aston Lark for around £1.1bn.

Samuel Casey, 15 October 2021
Aon takes Willis’s Forsgård to lead Nordic region

The appointment comes soon after the collapse of the merger agreement between the two brokers.

Samuel Casey, 15 October 2021
Hiscox’s Lewis heads to IQUW to lead cyber proposition

The cyber market will interpret Lewis’s hire as a signal IQUW is looking to grow the book proactively.

Catrin Shi, 15 October 2021
Aspen lines up former Third Point Re CFO to succeed Chidwick

Kevin Chidwick, group CFO at Aspen Insurance Holdings, is to retire by year end and will be succeeded by Christopher Coleman.

Jim Robinson, 15 October 2021
Axa commits EUR1.5bn to counter deforestation and tightens insurance terms

The carrier has said it will strengthen insurance requirements for businesses involved in deforestation.

Samuel Casey, 15 October 2021
Marsh builds in upstream with Convex’s Burrows

Marsh has bolstered its upstream energy division with the appointment of Thomas Burrows from Convex, Insurance Insider has learned.

Samuel Casey, 15 October 2021
Marco gains Lloyd’s approval for RITC syndicate

Marco’s launch marks the latest RITC syndicate to set up at Lloyd’s, following Compre’s move to establish a vehicle under an Apollo turnkey at the beginning of the year.

Catrin Shi, 15 October 2021
Canopius appoints Willis Towers Watson’s Roy as group COO

Kate Roy has served as COO for Great Britain and Willis Ltd since 2015 and been involved on the PPL board since the platform’s inception.

Jim Robinson, 15 October 2021
UK accounting body expects a ‘lot of noise’ from insurers on IFRS 17: Reuters

The UK Endorsement Board was set up to endorse international accounting rules after Brexit.

Samuel Casey, 15 October 2021
California oil spill loads pressure on challenging IG reinsurance renewal

Sources said that the incident near Huntington Beach had the potential to exhaust the $1bn oil pollution reinsurance tower.

Samuel Casey, 15 October 2021

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