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The consultation is a “welcome change of approach” from the regulator. -
A roundup of all the news you need, including the appointment of Conduit Re’s CEO.
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The CEO said Ascot would deploy capital where it sees opportunities.
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Aviva and Direct Line struck the landmark deal in December.
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New CEO Eckert said Conduit had taken “decisive action” after the LA wildfires.
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Soft conditions have led to “less acute" underwriting discipline, sources said.
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Plans include a new definition of commercial customers and lead insurers compliance only.
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Hussey will take over the role left vacant when Luis Sonville moved to AJ Gallagher late last year.
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The headcount at the start-up now stands at around 40.
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The carrier has also added AIG’s Alice Hawkins to its aviation unit.
