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Aon strengthens FI team with HSBC’s Rutherford

The executive has more than 25 years’ experience working in banking and asset management.

Samuel Casey, 10 January 2022
Willis Towers Watson rebrands to WTW under Hess

The change comes as the broker seeks to draw a line under a tumultuous chapter in which the planned takeover of Willis by rival Aon collapsed.

Catrin Shi, 10 January 2022
Eight themes to shape the (re)insurance market in 2022

The catastrophe market, inflation and loss-costs and the pandemic unwind are among the trends to shape the news agenda this year.

Adam McNestrie, 10 January 2022
Velocity CEO: Oaktree deal accelerates growth opportunities

In an interview, Phil Bowie said the company plans to access reinsurance capacity directly, and called current market conditions “the best” for savvy underwriters.

James Thaler, 29 December 2021
‘Aggressive’ 2022 D&O premium drops expected as volatility recedes: Gallagher

New markets have reset the balance between supply and demand in the market.

Samuel Casey, 07 January 2022
SiriusPoint-backed Banyan Risk confirms Ascot’s Horrobin as co-CEO and co-founder

The hire follows the addition of former Berkshire Hathaway executive Michael Densham to expand the MGA’s Canadian operations.

James Thaler, 07 January 2022
The Week in 90 Seconds: 1.1 renewals, Brindle hits out, Future at Lloyd’s

In the first week of the year the market digested the implications of the last-minute 1 January renewals.

Samuel Casey, 07 January 2022
Hiscox pays tribute to late mariner Mike Southgate

Southgate worked at the likes of Canopius, Swiss Re, Aon and Sturge Syndicate during his career.

Samuel Casey, 07 January 2022
NFIP trims reinsurance cover by 7% for 2022 in $1bn placement

The Federal Emergency Management Agency trimmed its spend on the program by 12%.

Samuel Casey, 07 January 2022
Dixie Fire caused by PG&E electrical distribution lines

Pacific Gas and Electric Company told investors in November that it expects to recover $569mn from its insurers on a potential $1.15bn liability relating to the Dixie Fire in California.

Luke Harrison, 07 January 2022

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