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The transaction provides reinsurance capital from four pension funds and marks the second use of the Lloyd’s ILS transformer vehicle.
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The architect behind the Grade I-listed Lime Street building has died at the age of 88.
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In 2021, the partner networks hosted more than 70 free, virtual events and attracted five new corporate sponsors to help drive change across the industry.
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The Corporation’s CEO gave an early estimate of the storms’ impact in a year already marked by heavy cat losses.
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The continuous contracts will go live in January 2022 and be powered by a data-driven review process.
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The appointment will be effective from 1 January 2022, when he will replace current general representative Pierre-Michaël de Waersegger.
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Plus the latest executive moves and all the top news from the week.
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A total of 12 managing agents control £1bn or more of capacity, analysis shows.
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All quartiles of the market are expected to increase aggregate stamp next year, analysis shows.
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The business said the decision will enable Argenta to simplify operations and focus on the development of its London underwriting base.
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The Corporation is granting more flexibility but will keep a closer eye on cat, cyber and delegated authority next year.
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An Ascot-led consortium will be launched at Lloyd’s, offering a variety of space cover.