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Willis’s sale of its reinsurance arm was the best option it had left – but the loss will have implications for the wider business.
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Limited coverage and potential high costs mean events organisers are still plagued by long-term uncertainty.
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With execution risk higher than ever on delivering the NextGen platform, PPL now finds itself at a crucial fork in the road.
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Apart from a liberal dose of abstract terminology and climate-change jargon, the Corporation’s action plan is suffused with the rhetoric of “support”.
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The firm should trade off maximum possible value for near-term certainty in crystallising shareholder value.
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The firm has lost some of its sheen, and its CEO-elect has key challenges to address, including how to balance its twin-engine retail and big-ticket businesses.
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The company finds itself at a crossroads as it considers its choice of new leadership.
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With a strategic and a sovereign wealth fund on the register, the (re)insurer has options to find liquidity for its PE backers.
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Ongoing Covid-19 restrictions make adopting concrete working expectations more necessary.
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With individuals soon to be held accountable for D&I success, real change could finally be on the horizon.
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A rampaging cat bond market should lead more cedants to consider its long-term advantages.
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The market must raise its game quickly to deliver on the reboot of PPL 2.0 after it severed ties with tech provider CGI.