Price softening in the lossmaking downstream market is being driven both by excess capacity and underwriters' willingness to deploy this capacity in earnest, according to Willis.
Willis and Miller have sealed a long-trailed agreement for the big three broker to take an 85 percent stake in the London-headquartered independent broking stalwart, the companies said in a statement
Carlos Vasquez, veteran entrepreneur of the Spanish and Portuguese (re)insurance markets and former leader of erstwhile global broker Heath's Spanish operations, has retired, The Insurance Insider has learned.
