Hiscox underwrites its first risks into ESG 3033 & more…Keep up with what has been happening this week in our latest insurance news round-up…

Government regime will deal with failing insurers

The UK government is to introduce a Resolution Regime to tackle major insurance company failures.

Beazley CFO to step down

Specialist insurer Beazley has today revealed that its long-standing chief financial officer Sally Lake has informed the board of her intention to leave the business in 2023.

Hiscox underwrites its first risks into ESG 3033

Hiscox, the specialist global insurer, has underwritten the first risks in its recently launched Lloyd’s sub-syndicate, ESG 3033. In a deal brokered by global professional services firm Aon, Hiscox ESG 3033 will provide cover for a new wind farm in Spain and a solar farm risk in the USA.

Aon Launches Marine Client Advisory Board To Drive Client Innovation

Aon plc, a leading global professional services firm, today named James Fogarty as global head of marine for the firm’s Reinsurance Solutions, effective immediately.

Carbon capture: an industry that has taken 30 years to appear overnight

The ability to scale up carbon capture technology could play a role in helping keep global warming below 1.5°C. Two significant projects coming online – and insured by Allianz Commercial – show the potential of what may be an important transition technology towards net-zero.

RSA takeover set to complete by end of May & more...

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