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Apollo chief pledges to diversify Catalina away from P&C legacy business
CEO Marc Rowan said P&C business is “not that attractive”.
Rachel Dalton
,
14 February 2023
BP Marsh increases NAV 7.9% to £179.8mn
Kentro Capital, which includes Nexus Underwriting and Xenia Broking, reported a run-rate adjusted Ebitda of around £21mn.
Aisling Finn
,
14 February 2023
FCA invites views on sustainability-related governance
In a discussion paper the regulator has highlighted good practices on sustainability-related governance and competence, as it seeks more consistency among financial firms.
Ayesha Venkataraman
,
14 February 2023
PPL Next Gen launch date delayed by two weeks
The launch date for PPL’s Next Gen platform has been delayed to 6 March, as the team at Deloitte fix some final defects.
Marcel Le Gouais
,
14 February 2023
AIG to create HNW MGA as it looks for volatility solution
The insurer has previously attempted a range of different options to manage down cat losses from the book.
Adam McNestrie
,
14 February 2023
AGCS launches London delegated authority, portfolio & facilities management team
Anna Sampson will be responsible for expanding and diversifying the portfolio of delegated authority and facilities business.
Abbie Day
,
14 February 2023
Sompo International fiscal Q3 net profit drops 10.4%
The carrier booked a heavy domestic and overseas cat load during the quarter.
Rachel Dalton
,
14 February 2023
Ardonagh merges Besso Re team into Inver Re to merge facultative capabilities
The team will be headed up by Nikki Melbourne who previously led the team at Besso Re.
Abbie Day
,
14 February 2023
Cyclone Gabrielle is New Zealand’s ‘most significant storm’ this century
A state of emergency has been declared in the country for only the third time in its history.
Samuel Casey
,
14 February 2023
Tokio Marine nine-month profits fall 28% to 271.4bn yen
The carrier was impacted by Covid-19 in Taiwan and Japan, as well as natural catastrophes.
Samuel Casey
,
14 February 2023
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