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Climate change, secondary perils among problem children in PRA stress test
The regulator also discovers a “patchy ability” to assess cyber risk in the 2019 exercise.
Laura Board
,
19 June 2020
London firms reassess office requirements ahead of EC3 return
The success of remote working is prompting businesses to rethink how the London market will operate post lockdown.
Catrin Shi
,
19 June 2020
Swiss Re CUO Schmid to depart for personal reasons
The reinsurer will disband its life capital unit, making digital platform iptiQ standalone, as the unit's chief moves to the CUO role.
Anna Sagar
,
19 June 2020
Former RSA Ireland CFO receives fine and eight-year ban
The Irish central bank finds Rory O'Connor "knowingly and actively" under-reserved and gave false information to the supervisor.
Anna Sagar
,
19 June 2020
NZ Earthquake Commission secures NZ$6.2bn reinsurance programme
The cover, which is stable from 2019, was brokered by Aon.
Jeff Kuntz
,
19 June 2020
Athene takes 11% stake in Jackson life insurance
The Apollo subsidiary expects to deploy about $1.2bn over the next 12 to 18 months.
John Hewitt Jones
,
19 June 2020
UPC CEO Forney steps down
He will be replaced by UPC vice chairman Daniel Peed.
James Thaler
,
19 June 2020
Fidelis’ capital surpasses $2bn after latest fundraise
Fidelis has raised over $1bn so far this year from a series of equity and debt raises.
Suliman Mulhem
,
18 June 2020
Willis Towers Watson's natural resources head Goodwin to join GC Fac
Willis Towers Watson’s global head of broking for natural resources, facultative, James Goodwin is to join Guy Carpenter’s facultative reinsurance division (GC Fac).
Gavin Bradshaw
,
18 June 2020
Trident Marine launches Boston office with Clarke Smith hire
The new office follows the MGA’s expansion into the Californian market last year.
John Hewitt Jones
,
18 June 2020
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