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FCA CEO: ‘Vital that call-in power doesn’t undermine independence’

Nikhil Rathi plans to address in a speech tonight regulatory reforms in the Financial Services and Markets Bill, now being debated in Parliament.

Marcel Le Gouais, 27 October 2022
Axis can manage potential loss of business from property cat exit: CEO Benchimol

Benchimol said there was a risk of losing business, but more important was the transition to a specialty carrier with low volatility.

Chris DeZinno, 27 October 2022
Antares takes Spring’s Dias amid shift towards direct business

The carrier writes a modest amount of D&O coverage, at present mostly through MGAs.

Samuel Casey, 27 October 2022
Dubai Aerospace Enterprise sues 11 insurers in High Court case

The case comes six months after DAE announced it had filed a $1bn insurance claim for 19 aircraft stranded in Russia.

Aisling Finn, 27 October 2022
Macroeconomic uncertainty proving a tailwind for WTW: Hess

Growth is accelerating at the broker in the wake of a challenging period following the collapse of the Aon merger.

Samuel Casey, 27 October 2022
Portfolio remediation curbed Everest’s exposure to Ian: CEO Andrade

The executive described the hardening property cat market as a “tremendous opportunity” for the Bermudian.

Rachel Dalton, 27 October 2022
UK, US officials hold talks to improve cross-border access to reinsurance

Senior officials from the UK Treasury and Prudential Regulation Authority agreed measures with US Treasury officials to ensure transatlantic access to reinsurance is opened up.

Marcel Le Gouais, 27 October 2022
WTW hails ‘increasing momentum’ as Q3 organic growth accelerates to 6%

The acceleration defied wider sector trends, which has led to slowing growth at other brokers.

Samuel Casey, 27 October 2022
Argo Group director Donner to stand down after AGM

The company said the resignation was due to “professional and personal commitments”.

Rachel Dalton, 27 October 2022
Argenta takes Axis Re’s Haynes for marine excess of loss

The underwriter has more than 40 years’ experience in the market and was global head of marine and energy reinsurance at Axis Re.

Samuel Casey, 27 October 2022

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