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Three risks Zaffino must master to make a success of Ascot

The in-coming CEO must ensure a smooth transition, land the “London-out strategy” started by Brooks, and handle CPPIB’s exit.

Adam McNestrie, 08 February 2023
Cat losses in the UK send Intact’s Q4 headline CoR up 3.7 points to 91.5%

Overall, the company booked C$167mn of cat losses in Q4, or C$24mn above the C$143mn estimate that Intact reported on January 12.

Jairo Ibarra, 07 February 2023
AIG’s global head of aerospace Eccles departs

Steve Eccles joined AIG in April 2020 from Argo, where he was active underwriter of Syndicate 1200.

Aisling Finn, 07 February 2023
Ark adjusted combined ratio for Q4 improves by 10 points to 57%

The carrier benefited from light cat losses and positive prior-year development in the fourth quarter.

Rachel Dalton, 07 February 2023
Marsh faces human rights groups’ complaint over East African oil pipeline

Human rights groups have issued a complaint to a US mediation body alleging that Marsh has violated OECD guidelines for corporate standards.

Marcel Le Gouais, 07 February 2023
Aviation lessor sues Convex and Lancashire for $88.5mn in latest High Court suit

The lessor is looking to recoup the value of a B777-300ER aircraft, which is still in Russia.

Aisling Finn, 07 February 2023
DAE pushes for total loss in aviation case against all-risk insurers

DAE is arguing that, if its battle against its war insurers should fail, then it has grounds to push for a total loss under the terms of its all-risk policy.

Aisling Finn, 07 February 2023
D&O prices fall 15.3% in Q4 in third quarter of double-digit decline: Aon

The market has quickly moved away from dramatic hardening in 2020 and 2021 following an influx of capacity.

Samuel Casey, 07 February 2023
DAE hits back at war insurers in UK High Court battle

The aircraft lessor has outlined its response in a $750mn lawsuit against its contingent war insurers.

Aisling Finn, 07 February 2023
Oneglobal appoints Harris executive director of reinsurance for Singapore

Andrew Harris has held roles in senior management and business production for multinational brokers.

Ayesha Venkataraman, 07 February 2023

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