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International

Former UK civil service head joins Lloyd's

02 August 2021

Lloyd’s has appointed former UK civil service head Mark  Sedwill  to its council and announced his election to the role of  Senior Independent Director and Deputy Chair of Lloyd’s, succeeding Andy Haste...

Natural disaster first-half claims top 10-year average

26 July 2021

Natural catastrophe insurance losses reached an estimated $US42 billion in the first half of the year to rise above the 10-year average while economic losses were lower, Aon’s Impact Forecasting says in a Global Catastrophe Recap...

Germany expects most damaging year since 2002

26 July 2021

Storms, flooding, heavy rain and hail across June and July position this year to be the most damaging for Germany since 2002, when insured storm damage was €10.9 billion in what were, prior to this month, deemed to be the worst floods in Europe this century...

Canadian province declares wildfires emergency

26 July 2021

Canada’s British Columbia province has declared a state of emergency as wildfires threaten properties amid hot and dry conditions, while large blazes are also affecting parts of the western US...

Lloyd's appoints CIO

19 July 2021

Eleanor Bucks is joining Lloyd’s in the newly created role of Chief Investment Officer, overseeing the Treasury and Investment Management team and charged with building and leading the Lloyd’s Market Investment platform...

EU regulator approves Aon-WTW merger

12 July 2021

The European Commission has approved Aon’s acquisition of Willis Towers Watson following a commitment made by the companies to divest some assets to Arthur J. Gallagher...

UK regulators consider diversity quotas

12 July 2021

UK insurance regulators are proposing the use of representation targets as well as linking executive remuneration to diversity and inclusion metrics...