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Renfe has mandatory accident insurance with Everest and liability cover with QBE. -
Lloyd's said Jim Bichard's experience included advice on innovative capital structures.
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Plus, the latest people moves and all the top news of the week.
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A key area of focus for the watchdog this year is delegated authority.
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The trade body called for a new Financial Services Bill early in 2026.
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The executive worked at Price Forbes in various positions, including aviation director and LatAm CEO.
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The biggest riser in this year’s Allianz Risk Barometer was AI.
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Philipp Rüede succeeds François de Varenne, who will become senior advisor to the CEO.
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The capacity backs the reinsurance underwriter to cover international risks outside the US.
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Upon closing, the unit will be renamed First Product Protection.
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The sale will see a transfer of renewal rights and the product recall team.
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The LA wildfires resulted in the largest insured loss of the year, at $40bn.
