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FCA eyes progress on climate reporting, warns of misleading net-zero plans

The Financial Conduct Authority and Financial Reporting Council have published two reports on findings from a review of listed firms’ climate disclosures.

Marcel Le Gouais, 29 July 2022
The Week in 90 Seconds: Fidelis restructure, Credit market hardening

Specialty markets are assessing rating amid economic uncertainty, while Fidelis finalised a radical restructure.

Samuel Casey, 29 July 2022
Ascot and Marsh launch cargo and war facility for Ukraine grain exports

The move follows the establishment of safe corridors through a treaty signed by Russia and Ukraine.

Samuel Casey, 29 July 2022
Atrium active underwriter Drysdale steps down for personal reasons

Lloyd’s Syndicate 609 active underwriter Toby Drysdale will be replaced by Peter Laidlaw.

Luke Harrison, 29 July 2022
Aon continues 2022 momentum with 8% Q2 organic growth

The broker reported organic expansion slightly below rivals Marsh McLennan and AJ Gallagher.

Samuel Casey, 29 July 2022
Economic losses from US, Canada storms to reach ‘hundreds of millions’: Aon

Initial loss estimates from convective storms and flash flooding place the economic impact in the hundreds of millions, although Aon warned losses may rise further.

Aisling Finn, 29 July 2022
Oz spring floods hit $3.6bn losses as delays hit claims resolution

The effort to resolve claims has been hampered by constraints on labour and materials.

Liz Bury, 29 July 2022
Half of Swiss Re’s heightened loss picks due to inflation: Dacey

The carrier’s 6% rate increases over 2022 YTD are “subsumed” by larger loss expectations, including rising inflation.

Rachel Dalton, 29 July 2022
Howden starts French expansion with acquisition of CRF Conseils

The deal marks Howden’s first acquisition in country since appointing Nicolas Aubert as CEO in February.

Luke Harrison, 29 July 2022
Catalina pivots to Asta turnkey for Lloyd’s syndicate launch

The legacy carrier had been an interested in acquiring the Coverys managing agency as a route to entry.

Catrin Shi, 29 July 2022

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