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Russian sanctions threaten ~$100mn in WTW revenue
The embattled broker could stand to lose around $50mn in Ebitda as major economies shun Russian trade.
Rachel Dalton
,
21 March 2022
BLM and Clyde & Co to vote on prospective merger
A potential merger of the two firms was originally reported on in late 2019.
Luke Harrison
,
21 March 2022
Acord adds treaty placement to Adept’s data exchange functions
New treaty placement elements on the Adept platform will provide structured data exchange functions throughout the placement process.
Samuel Casey
,
21 March 2022
Marsh launches ESG ratings tool
Liberty Mutual will provide US and Canadian clients that sign up for Marsh’s tool with ESG risk advisory services.
Aisling Finn
,
21 March 2022
Berkshire Hathaway to buy Alleghany in $11.6bn transaction
The deal values the TransRe owner at 1.26 times book value as of 31 December 2021, and represents a 29% premium on its stock price.
Samuel Casey
,
21 March 2022
BMS appoints Howden’s Powell as group CCO
Eliot Powell, whose remit will include M&A opportunities, will be based in London and report into CEO Nick Cook.
Luke Harrison
,
21 March 2022
Miller to acquire French intermediary Henner Sports
The intermediary counts the majority of French international footballers among its clients.
Rachel Dalton
,
21 March 2022
Former MS Amlin exec Clementi named Pool Re CEO
Tom Clementi replaces outgoing CEO Julian Enoizi who held the position since 2013.
Luke Harrison
,
21 March 2022
Reinsurers must beware of inflation ‘acceleration factors’: Kessler
A 1% increase in inflation could lead to a five-point increase in combined ratio for a longer-tail risk such as medical professional liability, the Scor chairman said.
Fiona Robertson
,
21 March 2022
Argo proxy battle: Groundhog Day
Activist investors continue to tighten the screw on the insurer’s management team.
Insurance Insider US Research
,
17 March 2022
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