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JLT’s Willis poaching payout well above £22mn

JLT's litigation settlement with rival Willis Towers Watson over a poaching dispute is substantially higher than believed by many in the market, The Insurance Insider understands.

Matthew Neill, 25 April 2016
JLT wins Singapore Airlines account

JLT is the new flag broker for major carrier Singapore Airlines following a request for proposal process, The Insurance Insider understands.

Adam McNestrie, 25 April 2016
Buying business

Insurers and reinsurers buy business all the time. Or to use the correct semantics, insurance premiums are acquired.

Mark Geoghegan, 25 April 2016
$50mn Bermuda facility targets lower excess layers

Marsh has launched a $50mn Bermuda casualty facility through its international wholesale placement division to write lower excess umbrella layer coverage than is typically placed on the island, The Insurance Insider can reveal.

David Bull, 25 April 2016
R&Q shares up 16% on 2015 results

Randall & Quilter (R&Q)'s shares surged more than 16 percent today (25 April) after the legacy-to-live insurance services firm returned to profit in full-year 2015

Catrin Shi, 25 April 2016
Charles Taylor to launch tech business

Insurance services firm Charles Taylor is preparing to launch InsureTech, a technology business aimed at insurers and brokers in the London market, The Insurance Insider can reveal.

Charlie Thomas, 25 April 2016
LMG names Aubert as chairman

The London Market Group (LMG) has appointed Nicolas Aubert, head of Great Britain at Willis Towers Watson, as chairman, it announced today (25 April)

Winifred Okocha, 25 April 2016
Novae adds crisis management underwriter

Lloyd's carrier Novae has appointed Kieron Russell as senior class underwriter for crisis management, the company announced today (25 April).

Matthew Neill, 25 April 2016
Asta appoints CRO and CIO

Lloyd's managing agent Asta has appointed Clare Barley as chief risk officer (CRO) and Matthew Lane as chief information officer, the company announced today (25 April)

Matthew Neill, 25 April 2016
Fitch: Japanese insurers to see limited impact from quakes

The series of earthquakes that struck the prefecture of Kumamoto earlier this month should have a limited impact on Japanese non-life insurers, according to Fitch Ratings.

Catrin Shi, 25 April 2016

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