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Axa XL UK chief McGovern to replace Scor’s Newman at LMG lobbying helm

Future trading arrangements and the need to make London more competitive will top the new business environment sponsor’s agenda.

Laura Board, 23 September 2020
Aon: Reinsurer profits tumble due to Covid-19 but capital base recovers

Firms will not cover their cost of capital this year, though capital positions remain robust.

Jeff Kuntz, 23 September 2020
Everest Insurance hires Lightbown from Allied World as global markets CUO

The trio of appointments includes Mike Harnett’s internal move to become CUO for North America and Erik Nikodem’s promotion to global head of property.

Samuel Casey, 23 September 2020
Peak Re names Pioneer’s Souter director of markets

The experienced executive spent a decade in Asia Pacific and ILS roles at Willis Re.

Samuel Casey, 23 September 2020
Beazley probably won’t be the last to flag additional losses from events cancellation

The carrier probably won’t be the last to flag additional losses from events cancellation.

Laura Board, 23 September 2020
Howden confirms A-Plan acquisition from HgCapital

The near-£700mn deal, revealed by this publication yesterday, represents Hyperion’s first piece of big-ticket M&A since its 2015 move on RKH.

Samuel Casey, 23 September 2020
Lloyd’s keeps underwriting room open after latest Covid restrictions

Corporation employees will be urged to work from home unless they can’t, or it is affecting their wellbeing.

Samuel Casey, 23 September 2020
Hurricane Teddy to make Canada landfall as a Cat 1 storm

The Canadian Hurricane Centre described Teddy as a “very large and powerful storm”.

Bernard Goyder, 23 September 2020
Latest US wildfires to cost industry $4bn-$8bn: RMS

The vendor said about $3bn-$5bn of the loss total would come from Northern California, while between $1bn-$3bn would stem from Washington and Oregon.

James Thaler, 23 September 2020
Lloyd’s CEO warns over potential impact of W-shaped recovery

Speaking on Tuesday, John Neal reiterated the market’s commitment to customers in the Americas.

John Hewitt Jones, 22 September 2020

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