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Reinsurance, MGAs areas where WTW is looking to optimize its portfolio: CEO Hess
Besides reinsurance broking, MGAs and MGUs, affinity is another segment where WTW can scale its operations, the executive noted.
Jairo Ibarra
,
08 September 2023
LOCs underpinning Vesttoo’s business ‘largely illusory’
Since 2020, Vesttoo has quoted 96 and closed 65 transactions with collateral totaling roughly $3.9bn, according to a court filing.
Thorsten Schier
,
07 September 2023
Former Vesttoo CEO Bertele hits back at company allegations of ‘massive’ fraud
Through legal representatives, Bertele “strongly” rejected all allegations made against him by Vesttoo in a Thursday statement.
Thorsten Schier
,
07 September 2023
Global property cat reinsurance demand to increase by 5%-10% in 2024: Aon
The pressure on catastrophe terms and conditions seen at the January 2023 renewals will likely not be repeated as renewals get more orderly in 2024.
Kyoung-son Song
,
07 September 2023
Vesttoo alleges fraud by ex-CEO, insiders and external parties
Court filings indicate use of “phony phone numbers” and creation of a “wholly fictitious person” in the letters of credit fraud that has engulfed Vesttoo.
Liz Bury
,
07 September 2023
Scor to double alternative treaty solutions premium by 2026
The reinsurer has announced a detailed plan to diversify its P&C reinsurance book as part of a new strategic plan.
Rachel Dalton
,
07 September 2023
Acrisure acquires MGA Modus
Modus will continue to operate under its existing brand and management team and become part of Acrisure UK MGA, under the terms of the acquisition.
Aisling Finn
,
07 September 2023
Eliot Partnerships appoints Troughton as senior adviser to the company
Troughton joins from Hampden Agencies where he previously held the role of sales and marketing director.
Abbie Day
,
07 September 2023
Brown & Brown promotes Bruce to Europe CEO
Mike Bruce was previously CEO for Global Risk Partners, acquired by Brown & Brown last year.
Abbie Day
,
07 September 2023
Lloyd’s ‘quietly confident’ of strong 2024 growth and underwriting: Neal
Lloyd’s achieved GWP growth of more than 20% in H1, whilst posting an 85.2% combined ratio.
Samuel Casey
,
07 September 2023
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