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Aon to keep corporate fac business despite reinsurance divestment

Aon and Willis have been in talks with AJ Gallagher over a sale of assets the broking houses must make to gain approval for their pending merger from antitrust regulators.

Bernard Goyder, 10 May 2021
Everest Re head of reinsurance Doucette steps down

The executive’s responsibilities will be taken on by chief operating officer Jim Williamson.

James Thaler, 10 May 2021
RMS models will not be prescriptive on climate change pathways

The firm’s climate change models will allow users to model their portfolios under the four different emission pathways adopted by the Intergovernmental Panel on Climate Change.

Alex Frampton, 10 May 2021
MS Amlin Underwriting appoints Munich Re veteran Trilovszky to board

Heike Trilovszky is to chair the underwriting oversight committee, replacing Martin Hudson.

Samuel Casey, 10 May 2021
SPAC wave arrives in Italy with EUR200mn vehicle for parametric business

Scor is to invest EUR15mn as a cornerstone investor of the blank cheque vehicle, which will float in Milan.

Samuel Casey, 10 May 2021
Ark reports adjusted Q1 combined ratio of 108% after Uri hit

CEO Ian Beaton pegs renewals rate growth at the White Mountains-owned business at 10%.

Anna Sagar, 10 May 2021
Axis Re promotes insiders to lead newly streamlined divisions

Ann Haugh will lead the new global property division, with Andy Hottinger heading up international and Jonathan Gray specialties.

Samuel Casey, 10 May 2021
AIG facing sizeable offshore wind-farm loss at Danish power company

The total cost of repairs could be as much as $490mn, although the ultimate size of the claim remains unclear.

Anna Sagar, 10 May 2021
Mosaic hires Hamilton’s Jay and Webb for professional liability and FI roles

Both will be senior vice presidents, with Jay becoming professional liability head and Webb financial institutions underwriter.

Anna Sagar, 10 May 2021
Axa XL hires Zurich’s Jadav as CUO for retail P&C, UK & Lloyd’s market

The former Zurich Ireland CUO will take on the role from July and report to UK & Lloyd’s market CUO Luis Prato.

Anna Sagar, 10 May 2021

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