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Willis Re ownership to come under scrutiny as Aon buys WTW
Combined reinsurance revenues would reach $2.3bn, outstripping Guy Carpenter.
Rachel Dalton
,
09 March 2020
Aon to pay $29.9bn in shares for Willis
The acquirer will pay a 16.2 percent premium, with Willis chief Haley becoming executive chairman at the combined $80bn broker.
Rachel Dalton
,
09 March 2020
BMS hires former Paragon duo to PE, M&A and tax insurance unit
The appointments of Sophie Wallace and Dean Andrews follow that of Tan Pawar from Paragon to head the new unit.
Anna Sagar
,
09 March 2020
European reinsurers: Market-share tussle may dampen Japan rate rises
Disparate attitudes between European reinsurers could temper aggressive rate increases at the key 1 April renewal.
Rachel Dalton
,
09 March 2020
Tokyo Olympics cancellation threatens ‘catastrophic’ insurance loss
The biggest hit would come from the IOC’s $800mn event cancellation contract.
Samuel Casey
,
09 March 2020
ABI puts UK Dennis and Ciara losses at £363mn
A total of 82,000 claims have been made, with the cost of flooded homes accounting for the largest loss.
Samuel Casey
,
09 March 2020
Perils puts final Dragi-Eberhard loss at EUR782mn
The loss aggregator lifts the tally by EUR10mn from its previous prediction.
Samuel Casey
,
09 March 2020
Australian insurers ‘well placed’ amid $3.3bn cat claims: regulator
APRA chairman Wayne Byres tells lawmakers carriers remain sufficiently capitalised to respond to new events.
Samuel Casey
,
09 March 2020
Argo ex-CEO’s $3.3mn of perks included Met Gala tickets, family jet rides
The expenses were made public in a disclosure to investors on Friday.
Bernard Goyder
,
07 March 2020
US P&C industry swings to underwriting profit in 2019: AM Best
Underwriting income for the industry climbed $4.9bn from the previous year, driven by growth in net premiums earned, according to AM Best.
Bernard Goyder
,
07 March 2020
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