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The Catlin and Brand-led carrier is working on a fully regulated long-term solution to be introduced during 2021. -
Guardrisk argued that its policy did not respond to a general government response to the pandemic.
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Oliver Bäte told the Financial Times that Wirecard’s collapse was a “symptom of a wider problem”.
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The regulator has said capital management action should “not exceed thresholds of prudency”.
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Plus more on cancellation cover for the Olympics and final negotiations ahead of the 1.1 reinsurance renewals.
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The regulator said the framework was working well and only small adjustments were required.
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The Lloyd’s CEO said it was not for business to set the tone on climate, as the Corporation laid out its first ESG report.
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The licence will permit expansion across the EU after the Brexit transition period ends.
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New reporting requirements are predicted to be a major catalyst to the unlocking of climate opportunities for the sector.
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Regulators, investors and activists are monitoring the (re)insurance sector increasingly closely.
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The competition watchdog will reportedly open a full investigation after its preliminary review ends on 21 December.
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The return to the office and perceived slow business recovery could also lead to claims.
