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QBE reinsurance buyer Fiore to retire in 2022 after 30 years

Jim Fiore’s responsibilities will be divided between two UK colleagues, sources indicated.

James Thaler, 20 August 2021
Willis loses Miami-based fac chief and team of six

The move comes after major defections to rivals from the firm’s retail broking and reinsurance operations earlier in the year.

Jairo Ibarra, 20 August 2021
The Week in 90 Seconds: Cyber hardening; Lloyd’s modernisation; Ardonagh re-fi; business travel poll

Plus the latest on pandemic BI payments and all the top news from the week.

Rachel Dalton, 20 August 2021
Helios ups capacity by 38% to £110mn and eyes expansion

The Lloyd’s capacity vehicle carried out a fundraise earlier this year to accelerate investment.

Samuel Casey, 20 August 2021
Fresh warnings issued over storms Grace and Henri

With Grace expected to strike the eastern mainland of Mexico later today, Tropical Storm Henri is heading for the US north-east coast.

Rachel Dalton, 20 August 2021
Opinion: Ardonagh – Model shift and the wheels turning on an equity re-fi

The business is working with Fenchurch on what is likely to be a secondary offering that sees HPS and MDP re-invest.

Adam McNestrie, 20 August 2021
Mosaic and DXC launch specialty insurance tech platform

The platform will automate interactions throughout the risk cycle and enable the transfer of data.

Samuel Casey, 19 August 2021
Allianz Structured Alpha Funds loss could land at EUR3.5bn-EUR6.8bn: Berenberg

Berenberg believes EUR3.5bn would be a manageable loss for the insurer and estimates that it would be earned back in well under a year, but a EUR6.8bn loss would be more challenging.

Luke Harrison, 19 August 2021
CCRIF to make largest payment yet over Haitian earthquake

The Caribbean Catastrophe Risk Insurance Facility has paid the Haitian government $40mn following a 7.2 magnitude earthquake.

Luke Harrison, 19 August 2021
Restoring faith: Can Lloyd’s allay age-old market frustrations on modernisation?

While some Lloyd’s stakeholders are frustrated by the lack of visibility on Blueprint Two reforms, the Corporation is poised to up the ante on engagement on timeframes.

Marcel Le Gouais, 19 August 2021

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