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Aon-Willis deal prospect gains Wells Fargo support
The takeover could win Aon business that was lost after MMC’s purchase of JLT and cut Willis’ expenses.
Rachel Dalton
,
25 February 2020
AIG arranges $500mn accelerated stock buyback
The carrier takes its first bite of a $2bn repurchase authorisation after a steep drop in its share price.
Samuel Casey
,
25 February 2020
Neon management capital talks go down to the wire
CEO Theo Butt has a matter of weeks to secure a backer.
Catrin Shi
,
25 February 2020
AGCS to tackle portfolio 'nonsense' to drive down CoR: Bäte
Executives cite strong rate growth as they predict a 2021 AGCS combined ratio of 97 percent.
Anna Sagar
,
25 February 2020
QBE Re chief Parry to retire in 2021
Stephen Postlewhite will succeed the executive as managing director.
Catrin Shi
,
25 February 2020
Lloyd’s SIAB can work with just £20mn GWP: Asta CEO Tighe
The fast-track entry route offers a “perfect opportunity for an ambitious MGA” seeking more control, according to the executive.
Catrin Shi
,
25 February 2020
Arch to pay $520mn for Coface stake
The Bermuda carrier will take a 29.5 percent slice of the listed trade credit insurer but rules out a full bid for at least 12 months from the deal closing.
Anna Sagar
,
25 February 2020
Fema expands reinsurance with $400mn cat bond
The deal boosts Fema’s total reinsurance cover to $2.53bn.
John Hewitt Jones
,
25 February 2020
Argo reserves hit leads to loss of $73.9mn in Q4
CEO Kevin Rehnberg said the 2019 results were “not indicative of our future direction”.
Bernard Goyder
,
25 February 2020
US D&O market remains under pressure: AM Best
Recent rate rises have been partially offset by rising defence and cost containment expenses.
John Hewitt Jones
,
25 February 2020
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