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Big-three broker CEOs lead the pack

A more than doubling of Aon CEO Greg Case's pay in 2015 led to a 29 percent increase in average broker executive compensation to $11.1mn

Catrin Shi, 07 June 2016
The Insurance Insider’s 2015 P&C executive pay league

The collective remuneration for the 50 highest paid executives in the P&C (re)insurance industry dropped 10.4 percent to $461mn in 2015, The Insurance Insider's executive pay league has shown.

Iulia Ciutina, 07 June 2016
News digest

Tysers profits rise; ES Risks enters PI market; White Oak hires Dunkerley; Wilson appointed Xchanging chairman; GRP completes Cavendish Munro deal; Liberty Mutual reshuffle; Aon Benfield hires Chile chief; Agencies withdraw Ergo Leben ratings; AJG hires aviation directors

07 June 2016
Liiba proposes claims process

The London & International Insurance Brokers' Association (Liiba) has drafted a proposal designed to streamline claims processing in the London market, The Insurance Insider can reveal.

Charlie Thomas, 07 June 2016
Rival jurisdictions will win in post-Brexit Britain

Other countries could benefit in the event of the UK voting to leave the European Union (EU), as carriers are likely to seek jurisdictions with less onerous regulation.

Winifred Okocha, 07 June 2016
Texas hailstorm losses mount

The Insurance Council of Texas (ICT) estimates that industry losses from hailstorms that struck the state in March and April have now surpassed $3bn.

Fiona Robertson, 07 June 2016
RenRe set to pick up Aon Securities exec

The most senior London-based executive at Aon Securities, Chris Parry, has left the broker-dealer and is expected to shortly join RenaissanceRe Ventures, sister publication Trading Risk reported last month.

Fiona Robertson, 07 June 2016
PCS Canada fire loss pick at lower end of expected ranges

The initial industry loss estimate from PCS for the Alberta wildfires has come in at the lower end of anticipated claims ranges.

Fiona Robertson, 07 June 2016
Legacy market sees scope for Equitas-style UK EL solution

Some 44 percent of legacy market participants believe there is still scope for existing UK employers' liability (EL) exposures to be pooled into a single vehicle for run-off, according to a survey conducted by The Insurance Insider.

Catrin Shi, 07 June 2016
Aon loses criminal cases against its former Bolivian CEO

Broking giant Aon has lost a series of criminal cases it brought against the former CEO of its Bolivian operation amid allegations of fraud and self-dealing.

Dan Ascher, 07 June 2016

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