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WTW’s Hess: ‘Headwinds dissipated’ on staff retention and outlook positive

The loss of the carrier’s Russian operations is set to create “modest margin headwinds” for the business.

Samuel Casey, 28 April 2022
Argo to consider sale as it explores ‘strategic alternatives’

Argo’s board is considering a potential sale as it announced an “exploration of strategic alternatives”, which will also consider a merger or other strategic transaction.

Samuel Casey, 28 April 2022
Mapfre Re profits rise 12.5% to EUR36.5mn due to fewer large claims

The carrier’s reinsurance unit reported a slight improvement in the Q1 combined ratio at 94.1%, down from 95.1% the year previous.

Luke Harrison, 28 April 2022
WTW posts 2% organic growth in Q1 and hires at fastest rate since 2019

The company posted adjusted diluted earnings per share of $2.66, ahead of analyst consensus of $2.50.

Samuel Casey, 28 April 2022
Treasury lands on final Solvency II reforms with latest consultation

The consultation unveils the details on a new mobilisation regime for insurer start-ups, along with plans to cut reporting burdens.

Marcel Le Gouais, 28 April 2022
Benetton family pushes for Generali CEO change

The family owns 4% of the carrier via its investment vehicle Edizione.

Rachel Dalton, 28 April 2022
Coverys launches Coverys International Insurance Company in Dublin

The new arm will be led by Rajeeva Aluwihare, former COO of Coverys European Holdings, as CEO, and Christina Lippert as CUO.

Aisling Finn, 28 April 2022
R&Q sets 20 May date for shareholders to vote on £482mn deal

he company has also set the closing date for the transaction to go through as 1 April 2023.

Luke Harrison, 28 April 2022
Opinion: Ukraine losses will expose the cracks in specialty (re)insurance

The conflict is a live cat that could last months and crucially, has straddled a significant reinsurance renewal date.

Rachel Dalton, 28 April 2022
Lancashire estimates $20mn-$30mn Ukraine losses as Q1 GWP climbs 34.7%

Growth was driven by the P&C reinsurance segment, which increased GWP by 39.1% to $310.1mn.

Luke Harrison, 28 April 2022

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