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Opinion: The Treasury needs to make up its mind on regulatory reforms

The Treasury is yet to clarify its plans to introduce ‘call in’ powers against regulators, or detail how regulators will be held accountable over a new growth duty.

Marcel Le Gouais, 03 November 2022
Axa posts EUR400mn Ian loss estimate and 20% drop in Axa XL Re revenue

The French carrier’s P&C unit has been reducing exposure to nat cat during 2022.

Rachel Dalton, 02 November 2022
Lockton takes Aon’s Rechtern to lead A&H, sports and contingency

The broker will be responsible for maintaining growth, working with US and international offices.

Samuel Casey, 02 November 2022
AIG has ‘plenty of aggregate’ for property cat risks

Peter Zaffino said AIG expected to able to source similar levels of reinsurance capacity as currently given its relationships with counterparties.

Samuel Casey, 02 November 2022
Ascot resumes underwriting of Black Sea grain cover

The insurer resumed underwriting on the grain corridor after Russia announced it would resume participation in a UN shipping agreement.

Aisling Finn, 02 November 2022
Chubb lures Turberville from AGCS to lead hull following departures

Chubb has seen several exits from its marine team this year and restructured its leadership.

Samuel Casey, 02 November 2022
Denison and Partners adds ex-Aspen Insurance chair Villers as non-exec director

The recruit founded SVB Holdings, later rebranded as Novae.

Rachel Dalton, 02 November 2022
Andrade says corporate mission provides competitive edge as Everest rebrands

In an interview, the CEO also addressed the carrier’s international expansion and portfolio remediation.

Adam McNestrie, 02 November 2022
‘We look forward with excitement’ to 1.1 reinsurance market: Hiscox’s Hussain

The carrier is ready to deploy capital if rate rises prove attractive, Hiscox’s CEO said.

Samuel Casey, 02 November 2022
AGCS promotes Wood to regional head of property for APAC

The carrier also appointed Sam Bartram as regional head of marine, and Trent Cannings as regional head of energy and construction.

Aisling Finn, 02 November 2022

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