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IAG leaves BI loss estimate unchanged amid appeal proceedings
The insurer predicts there will be some release from its provision, but it will happen over time and is subject to court proceedings.
Aisling Finn
,
23 March 2022
S&P Global to withdraw ratings on all Russian entities
The company will withdraw all of its outstanding ratings on Russian firms before 15 April, having already announced the suspension of its Russian operations.
Luke Harrison
,
22 March 2022
Aon elevates Mike Merlo to claims leader for US and Bermuda
In his new role, Merlo will be primary contact for claims officers handling difficult claims.
Eileen AJ Connelly
,
22 March 2022
Marine property head Tomlin exits Convex
The marine underwriter first joined the carrier in 2020 after leaving long-standing employer Atrium.
Catrin Shi
,
22 March 2022
Former Gallagher construction trio to join Ardonagh
John Thompson is to take up a senior role with Ardonagh Specialty, along with Alesco alumni Mark Watson and Paul Lewis.
Rachel Dalton
,
22 March 2022
McGill and Partners makes Aon’s Mignon deputy CFO
The executive spent 23 years at Aon and previously Benfield in finance roles.
Rachel Dalton
,
22 March 2022
Berkshire-Alleghany deal is middle of the road by price-to-book multiple
The multiple of 1.26x is lower than a number of recent major reinsurance transactions.
Ben Wylie
,
22 March 2022
Berkshire Hathaway’s aversion to risk transfer could hit Alleghany reinsurers
The purchaser is known for having a very low cession ratio, although it said it would leave Alleghany to operate independently.
Liz Bury
,
22 March 2022
Tysers leaves Colombian, Peruvian markets after licensing termination
The broker’s departure from the countries followed the sale of the broker’s interest in its Argentinian and Chilean subsidiaries.
Jairo Ibarra
,
22 March 2022
QBE appoints Travelers’ Cooper as senior construction underwriter
Nigel Cooper most recently held the position of senior construction underwriter, global construction at Travelers.
Luke Harrison
,
22 March 2022
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