KPMG emphasized that reinsurers should seek to limit their handling of PII whenever possible and implement strict security controls to manage sensitive data. Compliance teams play a key role in ensuring adherence to international data protection laws, which may include access restrictions, employee training programs, and response protocols for potential breaches.
“Since joining Lloyd’s as deputy CFO, Alex has played a vital role in improving our financial strength, including recent ratings upgrades, building our investment proposition, and transforming market reporting,” said John Neal, Lloyd’s chief executive officer. “She is a respected member of the executive committee, and I am confident she will continue to drive our strategic priorities as CFO.”
Inside the conference, protesters interrupted proceedings with speeches and theatrical performances, presenting testimonies from individuals affected by climate change. Outside, a model of a green sports car, designed to appear as though sinking into floodwaters, was displayed as a symbol of the perceived consequences of fossil fuel investments.
The Birmingham office, it stated, will provide a range of insurance solutions, including personal insurance, business insurance, health insurance and employee benefits. It also specialises in sectors such as sports, rail infrastructure and gun trade insurance. Howden has expanded in Birmingham through organic growth and acquisitions, including those of Jobson James Rail and Guncover.
“The international healthcare market is ripe with opportunity, and I couldn’t be more thrilled to join the fast-growing Carbon team. This is a company with a great reputation, that doesn’t just talk about innovation, it lives and breathes it,” he said.
Last November, the FCA banned former director of Inspire Insurance Services, Leigh Mackey, from working in financial services for financial misconduct and misleading regulatory authorities. Mackey was accused of misappropriating funds owed to insurers, as well as failure to conduct mandatory client asset audits over a period of four years.
The newly launched practice will assist insurers in optimizing capital positions, reducing earnings volatility, and enhancing product design and distribution. These efforts, Aon said, are geared toward improving shareholder value and addressing key challenges in the rapidly evolving insurance market.
The financial toll of these adjustments was clear in SCOR’s nine-month results for 2024. The L&H segment posted a €467 million loss, dragging the company’s overall net income for the period to a loss of €229 million. Despite this, strong technical performance in property and casualty reinsurance, as well as robust investment income, helped soften the blow.
In his new role, Jackson will oversee a team focused on developing McLarens’ long-standing presence in the space. He will prioritise expanding claims solutions, particularly in the delegated claims authority sector, and within McLarens’ specialty divisions, including aviation, construction and engineering, crisis management, marine, natural resources and FAJ & Specie.
“The truth is that less than half of all federal jobs are eligible for telework, and the workers who are eligible to telework still spend most of their work hours at their regular duty stations,” said Everett Kelley, president of the AFGE, in a statement.
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