Carrier

Chris Gamber is set to join the company as a class underwriter in the healthcare team.

The use of exclusions could leave the personal assets of directors at risk in the event of legal action.

Beazley stock rises more than 9 percent following its issue.

The Everest Global Markets CEO said that AI was an “enabler” rather than a replacement for people.

The executive outlines the progress made on performance and culture at the firm after a challenging 12 months.

Group net profit was down 85 percent due to financial market impairments.

The parent group predicts a 14bn yen ($130mn) impact in the 2020/21 year from Covid-19, rising to 30bn yen in a worst-case scenario.

Backers include Tokio Marine and Direct Line Group.

The non-executive replaces Sir Adrian Montague, who is stepping down at the end of May.

Analyst Michael Huttner predicts that rising rates could allow Zurich to recover pandemic losses in just a year.

The executive was believed to be in line to succeed CEO Mark Cloutier.

The firm sold 78.5 million shares at 315 pence to support expansion and bolster its balance sheet.