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BHSI promotes Mairos to lead global marine proposition
Pedro Mairos is moving up from heading marine in the UK and Ireland and will remain based in London.
Samuel Casey
,
17 October 2022
CRC rebrands specialty programs unit as Starwind Specialty
The $3bn+ unit combines CRC Programs and the recently acquired Constellation Affiliated Partners.
Jairo Ibarra
,
17 October 2022
Pool Re takes Axis Re’s global specialties president Gray as CUO elect
During a handover period, Jonathan Gray will work on the current consultation about a shift to a catastrophe treaty arrangement.
Samuel Casey
,
17 October 2022
Lloyd’s approves merger of TMK syndicates 510 and 557
Names voted overwhelmingly in favour of the combination.
Rachel Dalton
,
17 October 2022
Insurers welcome decision in £1.1bn Stonegate BI trial but appeal looms
Stonegate’s case is seen in the market as a key precedent for the aggregation of BI claims.
Samuel Casey
,
17 October 2022
Greggs wins initial case against Zurich over Covid BI claims
The bakery will be able to claim for multiple separate incidences rather than confining its losses to a single £2.5mn ($2.8mn) cap.
Rachel Dalton
,
17 October 2022
IAG and Suncorp to release Covid BI provisions following Oz court decision
The High Court of Australia refused leave to appeal a case that had gone in favour of insurers in February.
Liz Bury
,
17 October 2022
Everest Re opens insurance operations in Paris and Düsseldorf
The French operation will be led by Anne Charon, and the German unit by Bernd Wiemann. The two were appointed country heads earlier this year.
Jairo Ibarra
,
17 October 2022
MAP’s Denoon Duncan and Sumner to retire
As a result, the firm intends to tender capacity on Syndicate 2791 in the Lloyd’s capacity auctions.
Aisling Finn
,
17 October 2022
NFIP counts 39,000 Ian claims as payouts reach $77mn
The federal flood insurance program’s claims count has stepped up from 25,000 a fortnight ago.
Liz Bury
,
17 October 2022
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