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Opinion: Will insurers also face an anti-ESG backlash?

Several structural factors, including the pricing cycle, make insurers more insulated from US activist states.

Fiona Robertson, 06 December 2022
Moody’s lowers global P&C 2023 outlook to ‘negative’ on high claims inflation, reinsurance costs

With weaker economic growth and competitive pressures hindering insurers' efforts to push through offsetting price increases, the ratings agency expects the sector's underwriting profitability to weaken.

Farhin Lilywala, 06 December 2022
WTW lures Aon’s Mahoney to lead NA casualty team

Mahoney joins from Aon, where he was team leader for US general casualty and energy in London.

Aisling Finn, 05 December 2022
Lloyd’s confirms Blueprint Two cost remains unchanged at £300mn

Lloyd’s today confirmed that total spending on the Blueprint Two modernisation programme is still forecast to be £300mn, despite a three-to-six-month delay in delivery.

Fiona Robertson, 05 December 2022
ISS and Glass Lewis urge shareholders to vote with Argo on directors

The carrier has called this month’s vote ‘a critical moment in Argo’s history’.

Rachel Dalton, 05 December 2022
Society of Lloyd’s launches £500mn tender offer

Lloyd’s is looking to optimise its capital structure and debt maturity profile through the offer.

Aisling Finn, 05 December 2022
KCC adds climate change dimension for hurricane, flood and wildfire models

The modeler warned that climate change was increasing the chances of $20bn, $30bn and $40bn loss events.

Liz Bury, 05 December 2022
RSA to launch low-carbon underwriting policy from 1 January 2023

The carrier aims to achieve an energy underwriting portfolio that is 75% low-carbon in seven years’ time.

Rachel Dalton, 05 December 2022
Consilium names Tysers' Bazire as COO

Bazire’s appointment marks the third senior leadership appointment at Consilium in as many months.

Aisling Finn, 05 December 2022
Darag lands Part VII approval for China Taiping UK LPT

The pair have permission to undertake a Part VII transfer.

Rachel Dalton, 05 December 2022

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