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Helios raises £240,000 through open offer

The Lloyd’s capacity provider already raised gross proceeds of £12.5mn in a November share placing.

Samuel Casey, 12 December 2022
Treasury takes next step to bring ESG ratings firms under regulation

The government will consult in Q1 2023 on pulling ESG ratings providers into the FCA’s perimeter.

Marcel Le Gouais, 09 December 2022
WTW takes BPL Global’s Freely as global head of financial solutions

Evan Freely will head up a team of 130 staff specializing in credit and political risk.

Samuel Casey, 09 December 2022
Axis confirms Maher as London head of cyber and technology

James Creasy is leaving the carrier to launch a cyber book with Inigo.

Samuel Casey, 09 December 2022
 Chancellor instructs FCA, PRA on growth objective with remit letters

Chancellor Jeremy Hunt has written to both financial regulators instructing them to consider government policy to bolster the UK’s competitiveness as a global financial centre, as part of major reforms announced today.

Marcel Le Gouais, 09 December 2022
Gallagher’s Langley wins City of London Alderwoman election in landslide

The Gallagher non-executive chair secured 230 of the 259 votes.

Samuel Casey, 09 December 2022
Hunt to launch ‘Big Bang 2.0’ financial services reform consultation: reports

The ‘Edinburgh’ package of reforms include a loosening of Solvency II requirements for insurers.

Rachel Dalton, 09 December 2022
The Week in 90 Seconds: Lloyd’s messaging; Brindle on the hard market; Syndicate analysis

Plus this week’s executive moves and all the top news of the week.

Rachel Dalton, 09 December 2022
Swiss Re to add BCG and HK Exchanges execs to board

Vanessa Lau and Pia Tischhauser will stand for election in April as Renato Fassbind and Susan Wagner retire from the board.

Fiona Robertson, 09 December 2022
Hurricane Ian will add strain to hardening (re)insurance market: Swiss Re

Swiss Re said a loss-heavy 2022 adds to a continuation of elevated cat losses that started in 2017, after a benign period from 2012 to 2016.

Kyoung-son Song, 08 December 2022

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