Morgan Stanley International chair among missing after yacht sinks

Six people, including UK tech tycoon Mike Lynch and his teenage daughter, are missing following the yacht capsizing early Monday.

The chairman of Morgan Stanley International, Jonathan Bloomer, and his wife are among those missing after a yacht sank off the coast of Sicily, the UK insurer Hiscox said on Tuesday (Aug 20).

"We are deeply shocked and saddened by this tragic event," Aki Hussain, Group CEO of Hiscox, which Bloomer has also chaired since 2023, said in a statement.

"Our thoughts are with all those affected, in particular our Chair, Jonathan Bloomer, and his wife Judy, who are among the missing, and with their family as they await further news from this terrible situation."

Six people, including UK tech tycoon Mike Lynch and his teenage daughter, are missing following the yacht capsizing early Monday.

The British-flagged Bayesian, which had 22 people aboard including 10 crew members, was anchored some 700m from port before dawn Monday when it was struck by a waterspout, a sort of mini tornado.

Bloomer, 70, has led a number of financial services organisations during his decades-spanning career.

He was a partner at Arthur Andersen before joining British firm Prudential plc in 1995, initially as its chief financial officer and then taking the role of CEO from 2000 to 2005.