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Lockton sexual harassment suit said to be resolved

In her complaint, the woman had claimed she was groped and subjected to disparaging and sexualised remarks.

Marsh alleges Hyperion team rip was intended to force ‘undervalued’ sale

Documents filed in the High Court reveal JLT Specialty lost 47 staff to Hyperion, with the claimant alleging conspiracy.

Aon hires former Brit aerospace underwriter

David White will produce a range of aviation business in the broking role.

Insurers on notice after PG&E agrees $1bn Cali settlement

The Californian utility has agreed the settlement with 18 public entities following a series of wildfires from 2015 to 2018.

• Allianz to receive $1bn from sale of Spanish JV stake
• Lloyd’s suspends market member for ‘inappropriate’ behaviour: report
• Willis takes ex-JLT Aerospace exec Klevens
• Axis Re lures former CNA Hardy Asia chief to head Australian business
• Medical Protection Society mints Lloyd’s SPA with Asta turnkey
• HSCM and Nephila back $2mn funding for Tensorflight

Opinion

The weight of negative stories about TMK should prompt questions around its leadership and direction

Strong leadership, stakeholder buy-in and financial resources trump glittering committees any day

Why should people have to change their personalities at work?

AM Best’s planned innovation scorecard looks nebulous but could help carriers hone their focus

In Brief

IDF calls for acceleration of Asian public-private partnerships

Liberty Mutual Re hires from Axa Art for marine and energy team

Flock launches drone fleet product

Nexus hires new CEO of European ventures from Ardonagh

Aspen appoints Lloyd’s oversight manager as corporate development director

Allstar MGA recruits Metromile underwriter

Analysis

Insider 50 growth lags major indices

Insurance stocks split almost 50-50 split between risers and fallers.

LatAm reinsurers disappointed by minimal rate rises at 1.7 renewal

Despite early hopes of sizeable rate rises, reinsurers are frustrated that many accounts will renew with as-before terms.

London property D&F rate rises accelerate in mid-year renewals

The withdrawal of US domestic capacity for big-ticket property risks continues to bear fruit for the London market.

Insider 50 outperforms benchmark indices

Only a third of index components expanded by more than 1 percent, with the majority of stocks little-changed.

Jordan and Horner win the 2019 Political Violence Rankings

Meanwhile, Canopius’ George Connell and Tysers' Charlie Skipworth-Button have emerged as rising stars.

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