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Activist investor Bobman renews call for Argo board changes

Capital Returns Master has proposed its president Ronald Bobman and David Michelson, president of DWM Consulting, as two new Argo board members.

Aisling Finn, 18 October 2022
Axa enters negotiations to acquire GACM España

Axa plans to acquire the Spanish insurer for a cash consideration of EUR31mn.

Aisling Finn, 18 October 2022
FCA enforcement director Steward to step down

Mark Steward has worked at the FCA since 2015, leading the charge on some of the regulator’s most high-profile cases.

Aisling Finn, 18 October 2022
Lloyd’s approves 18% 2023 pre-emption for Apollo 1969

Lancashire 2010 has had its syndicate business forecast approved, but it may be revised in the wake of Hurricane Ian.

Samuel Casey, 18 October 2022
PCS puts initial Ian loss pick at $40.9bn in bear signal on claims toll

Lower-attaching Florida ILWs had been more in demand at this year’s mid-year renewals.

Fiona Robertson, 18 October 2022
Lockton Re hires Brew as London cyber practice leader

The executive has worked at WTW, CFC, Hiscox and Liberty.

Rachel Dalton, 18 October 2022
Swiss Re warns of Hurricane Ian claims of ~$1.3bn

The carrier is likely to book a Q3 net loss of $500mn for the storm.

Rachel Dalton, 18 October 2022
BP Marsh H1 net asset value up 16% to £180mn

The group achieved broad growth but wrote down its investment in contingency broker EC3.

Rachel Dalton, 18 October 2022
The return of the broker-backed Lloyd’s syndicate

Acrisure’s Flux syndicate will be a test case for a broker’s presence at Lloyd’s, one which rivals will watch closely.

Catrin Shi, 18 October 2022
Miller energy brokers Lazarus, Vertigan and Grigorovich depart

Simon Lazarus, Andrew Vertigan and Oleg Grigorovich were part of the international team in Miller’s upstream business.

Samuel Casey, 17 October 2022

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