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After four years of relative underperformance, does the next Willis CEO need to be external?

The broker’s relative underperformance against its main rivals is likely to prompt questions at this critical juncture.

Adam McNestrie, 17 January 2020
FM Global names Galloway as international head

Gerry Alonso is also promoted to division manager of middle-market property business AFM.

Rachel Dalton, 17 January 2020
Mercury issues $36mn Q4 cat loss estimate

No loss was large enough to breach the per-occurrence limits of the carrier’s reinsurance treaties.

John Hewitt Jones, 17 January 2020
Winklevoss twins launch cryptocurrency captive insurer

Aon will manage the captive, while Marsh is placing excess insurance for the digital currency platform.

John Hewitt Jones, 17 January 2020
Industry can do ‘so much more’ on climate risk: Zurich

Zurich sustainability chief Francis Bouchard called on companies to get their “loafers dirty” during a conference in New York.

Bernard Goyder, 17 January 2020
Reserve deterioration will be ‘huge issue’ at Q4: Dowling

Reserve calculations are changing as a result of escalating social inflation, the analyst noted.

Bernard Goyder, 17 January 2020
Chubb hits back at Target in payment card claim dispute

The lawsuit over $74mn in losses from a 2013 data breach is closely-watched by the cyber insurance market.

Christie Smythe, 17 January 2020
Public D&O rates rise significantly in Q3: Aon

Rate hikes imposed on three large corporate accounts had a major impact on the broker’s quarterly index.

John Hewitt Jones, 17 January 2020
Vibe casualty team takes £130mn book to Argenta

Former Vibe CUO Bradley Knight and casualty colleagues including five class underwriters move from the shuttered Syndicate 5678.

Rachel Dalton, 16 January 2020
Renewable energy rates harden by 20-40% in ‘substantial reset’: GCube

The MGA’s CEO predicts a halt to significant capacity withdrawals.

Anna Sagar, 16 January 2020

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