Aon
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The brokers will have until early 2023 to settle the case via private mediation or the case will move forward to a jury trial that could last between seven and 10 days.
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The executive has more than 25 years’ experience working in banking and asset management.
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A judge for the Miami-Dade County Court has ordered Aon and individual defendants in the Miami facultative team poaching case to avoid doing reinsurance brokerage business with the defendants’ former Willis Towers Watson clients.
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The long-serving Aon executive led a team placing a variety of contingency coverage in Lloyd’s and London.
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The flooding had ‘catastrophic’ impacts on the province including damage to homes and agriculture.
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She will work alongside James Baum in the new position.
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Competition for staff remains fierce in the D&O market, where there has been substantial rating remediation.
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A total of 87% of survey respondents are looking to grow their stamp.
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Berkshire Hathaway reduced its shareholding in Marsh McLennan by 35% during the third quarter, as the Warren Buffet-led business continued to sell down across its portfolio, an analyst note from Morgan Stanley shows.
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The broker will report to head of Credit Solutions Stuart Lawson.
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Insured losses from severe weather events in the US are on course to exceed $20bn, following the second highest October tornado tally on record, according to a report from Aon.
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The report also noted that global reinsurer capital totalled $660bn as of June 30 2021, a $10bn rise from the end of 2020.
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