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Willis to pay up to $1.4bn for Tranzact
The price includes a deferred component of up to $200mn contingent on the target's performance.
John Hewitt Jones
,
01 April 2019
QBE to stop underwriting coal by 2030
QBE is the latest (re)insurer to halt cover and pull investments from projects involving the fossil fuel.
John Hewitt Jones
,
01 April 2019
TMK Syndicate 510 narrows losses after underwriting overhaul
Tokio Marine Kiln Syndicate 510 improved its combined ratio by 7.1 points year on year.
Laura Sanicola
,
01 April 2019
JLT: Multi-year contracts could halt aviation grounding rate rises
Aviation insurers are re-evaluating grounding cover following the downing of an Ethiopian Airlines passenger jet.
John Hewitt Jones
,
01 April 2019
MMC reports improved CEO pay ratio
Shareholders will vote on Glaser’s proposed $17.3mn pay package for 2018 on 16 May.
John Hewitt Jones
,
30 March 2019
Watford’s lacklustre debut will likely act as a handbrake on new capital formation for similar vehicles
It probably did not come as a huge surprise to most observers that Watford Re’s stock market debut came at a discount to book value.
Gavin Davis
,
29 March 2019
Broker slams Alesco ‘anti-Arab’ culture in court
Hasan claims junior broker left Alesco due to ‘anti-Muslim’ environment.
Rachel Dalton
,
29 March 2019
MMC gains court clearance for JLT takeover
The $6.5bn takeover will close on Monday.
Anna Sagar
,
29 March 2019
Reserve releases, lower cat losses buoy Chubb Syndicate 2488 in 2018
This year’s loss activity 'well within our risk tolerances and expectations', syndicate says.
Marissa Page
,
29 March 2019
Boardman leaves JLT for Price Forbes ahead of MMC close
The London market broker is the first major producer to walk out for a rival.
Adam McNestrie
,
29 March 2019
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