Lloyd’s chief risk officer, Sean McGovern warns that leaving the EU could create “instability” and says an exit will not smooth regulation for insurance sector.
Lloyd's chief risk officer Sean McGovern said that a Brexit will not mean regulations are simplified for the insurance sector. He commented: "Brexit does not offer a route to insurance regulatory nirvana....
Group chief underwriting officer Richard Watson says that insurer hopes to continue to grow alongside broker partners as it develops cyber and SME offering.
The Gibraltar Financial Services Commission states company is insolvent and that it intends to appoint a liquidator.
As Hiscox UK and Europe drives down COR to 79.9% for H1 2016 from 86.8% in 2015.
Keep abreast of the movers and shakers in the insurance world this week.