Aon has reported itself to the Romania's Anti-Corruption Department after contracting the son of a former presidential candidate to lobby on its behalf, UK court documents have alleged.
Guy Carpenter has been brought into Willis Re's increasingly embittered legal fight against its former chairman Peter Hearn, who defected to join the rival reinsurance broker last year.
The cost of distribution is too high and with increased transparency, intermediaries should start to interrogate their charging structure, Liberty Mutual CEO David Long has argued.
Industry outsourcer and consultancy Pro Global Insurance Solutions is set to be the first to test a new Rhode Island regulation that creates a US equivalent to the UK’s Part VII transfer mechanism.
A US court has consolidated a case in which the families of those killed in the Malaysia Airlines MH370 disaster are suing Allianz Global Corporate & Specialty (AGCS) and its global head of aviation Henning Haagen.