Apollo has agreed a long-term partnership with business transformation and services provider WNS to support the growth of its Lloyd’s syndicates.

AIG has unveiled a new corporate structure divided into three segments across North America commercial insurance, international commercial insurance and global personal insurance, with former Lloyd's director of performance management Jon Hancock taking on additional responsibilities for the latter business.

England’s Court of Appeal will later today begin hearing a legal challenge brought by businesses over whether their insurers are able to deduct furlough payments from payouts under business interruption policies.

Carbon Underwriting, the London MGU and Lloyd’s syndicate, has expanded into into international healthcare with a new offering led by former Everest underwriter Martin Leeks.

Canopius has named Hitesh Patel as chair of Canopius Managing Agents (CMA).

Goldman Sachs-backed UK broker consolidator Clear Group has named industry veteran and former Miller executive Oscar Holloway to lead its ongoing acquisition spree as managing director, M&A.

Hiscox has appointed Lynne Biggar and June Yee Felix as independent non-executive directors, effective immediately and subject to regulatory approval.

Specialty (re)insurer MS Amlin has formed a new unit focused on extracting value from relationships with the wider MS&AD network and from third-party sources.

“Stubbornly high” expense and attritional loss ratios in the London market mean there is limited scope for significant reserve releases to support future profitability, Fitch Ratings’ Graham Coutts has warned, although underwriting discipline remains robust.

The London insurance market could see unexpected opportunities from proposed US tariffs, despite concerns over economic disruption, according to Adam Butlin, an economist at the London School of Economics.