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AJ Gallagher seals $3.25bn Willis Re acquisition
After the collapse of the Aon-Willis merger, Gallagher has successfully resurrected the deal that will catapult its reinsurance operation into the big league.
Rachel Dalton
,
13 August 2021
Willis Re hires WRB Underwriting’s Carberry to join international casualty treaty team
London-based Brendan Carberry’s hire is part of a surge in recent moves in the product recall class.
Luke Harrison
,
13 August 2021
CNA names Korte as senior VP for middle market
In his new role, Dieter Korte will be responsible for profitability, growth and strategic direction of CNA's middle-market business.
Luke Harrison
,
13 August 2021
IGI Q2 core profit falls 13% on weaker underwriting result
GWP surged 21% year on year for the carrier, with long-tail lines generating 28% growth.
Catrin Shi
,
13 August 2021
Dual aims to ‘redefine what a global specialty MGA can look like’: Howden
In an interview alongside Align’s founder Kieran Sweeney, the legendary London market entrepreneur also disclosed his company paid $800mn for the US MGA.
James Thaler
,
12 August 2021
China steps up regulatory scrutiny of online insurers
China’s insurance and banking regulator is stepping up its scrutiny of online insurance companies, its most recent move to maintain control over the country's fintech sector, according to a report by Reuters.
Eli Rallo
,
12 August 2021
Howden-owned MGA Dual buys Align to form $2bn GWP group
Align’s founder Kieran Sweeney will run the merged business in the US, become executive chairman of Dual Group globally, and is joining Howden’s executive committee.
James Thaler
,
12 August 2021
Downstream cresting hard market, upstream decreases available: Gallagher
The broker said ESG pressure was attracting capacity away from fossil fuels to renewables.
Samuel Casey
,
12 August 2021
Mahoney promoted to Axa XL global head of political risk, credit and bond risk
Dane Mahoney, who has been with Axa XL since 2013, will lead a team of global risk analysts and develop the global underwriting strategy.
Eli Rallo
,
12 August 2021
QBE international unit swings back to $418mn H1 profit
The carrier booked above-budget cat losses of $462mn due to Uri and Australian flooding.
Rachel Dalton
,
12 August 2021
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