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Axis among carriers braced for Cognizant ransomware loss

The wider London market is expected to largely escape losses on the $400mn programme.

John Hewitt Jones, 13 July 2020
Argo places Ariel Re up for sale as it tightens focus on US insurance

Activist investor Voce had previously criticised the performance of the firm's international businesses.

Adam McNestrie, 13 July 2020
‘Stay at home’ message adequate BI policy trigger: FCA

The FCA said in its skeleton argument that the government’s instructions amounted to an imposition or order.

Samuel Casey, 13 July 2020
Dutt re-emerges as Aeolus Capital president

The former RenRe third-party capital chief joins the Bermudian ILS firm.

Rachel Dalton, 13 July 2020
Syndicates should brace for higher capital charges due to low yields: Lloyd’s

The Corporation set out plans for further Covid-19 capital collections, letters of credit and its Part VII transfer in a circular.

Anna Sagar, 13 July 2020
Markel hires renewable energy head from Aon

Tom Baker will become the carrier’s first ever global head to be based in Asia.

Anna Sagar, 13 July 2020
Atradius names insider as UK commercial head

James Burgess moves to the role from a London and South East regional position.

Anna Sagar, 13 July 2020
Lloyd’s aviation market escapes death by sanction

DXC’s Xchanging backs down from rules that appeared to put the kibosh on any placement that had Cuban or Iranian exposure.

Laura Board, 13 July 2020
If none of the major post-Covid start-ups sets up at Lloyd’s, it will have lost ground to Bermuda

If none of the major post-Covid start-ups sets up at Lloyd’s, it will have lost ground to Bermuda.

Adam McNestrie, 13 July 2020
Guy Carpenter takes Willis’ fac chief Lawrence for new role

The executive crosses over after spending his entire 30-year career at Willis as dislocation from the broker's takeover deal with Aon begins in earnest.

Anna Sagar, 13 July 2020

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