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Lloyd’s gives initial green light for Volante’s Syndicate 1699

The Corporation has given in-principle approval for the syndicate, which will have initial stamp capacity of £130mn.

Marcel Le Gouais, 23 September 2021
LMG board confirms Wagstaff as permanent CEO

Caroline Wagstaff will take on the role permanently after a six-month secondment as interim CEO.

Marcel Le Gouais, 23 September 2021
Opinion: The PPL saga is a microcosm of the challenges in London market modernisation

This publication has reported extensively on the ups and downs of the PPL saga, as the company seeks to push ahead on the development of its NextGen platform – a major component of the market-wide push on modernisation.

Catrin Shi, 23 September 2021
EU seeks to free up EUR90bn of capital in Solvency II review

The European Commission wants to incentivise the insurance sector to invest in the post-pandemic recovery.

Samuel Casey, 23 September 2021
Willis Towers Watson increases buyback programme by $4bn

The brokerage firm said that $4bn increase comes in addition to the $500mn remaining on its existing share repurchase program.

Giovanna Bellotti Azevedo, 22 September 2021
Vesttoo appoints Butzbaugh as cat markets VP

Daniel Butzbaugh will work at the company’s New York office and lead its cat and industry loss warranty transactions.

Luke Harrison, 22 September 2021
Skuld promotes Burton and Fry in London office

Matthew Burton will work as a senior vice president for business development and Paul Fry as head of London office.

Samuel Casey, 22 September 2021
The Hanover estimates Q3 cat losses of $150mn-$165mn

The midpoint for the estimate is around $97mn above the company’s pre-tax cat load, with $75mn resulting from Hurricane Ida.

Luke Harrison, 22 September 2021
Beazley names Turk head of strategy and exec committee member

The carrier has been reshaping its senior leadership team since Adrian Cox took on the helm of CEO.

Samuel Casey, 22 September 2021
Aon doubles down on Aon United with revamped branding

Aon made internal announcements on a rebrand last week, as the broker forges a new path after ending plans to merge with Willis.

Giovanna Bellotti Azevedo, 22 September 2021

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