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Prolonged hard market cycle may last a while: Arch
CFO Morin said Arch was able to deploy more capacity, resulting in a significant premium growth for property lines.
Abbie Day
,
27 July 2023
PPL resolves dispute over timeline for Ebix Europe's new platform launch
Letters from PPL's legal representatives had been issued to Ebix Europe, over the timing for the launch of Ebix Europe's new PlacingHub platform.
Marcel Le Gouais
,
27 July 2023
Marsh taps former Vault CEO Williamson to lead Victor
Outgoing CEO Brian Hanuschak was named chairman and will remain as a strategic advisor to the MGU.
Kyoung-son Song
,
27 July 2023
Now is the time to ‘double down’ on specialty focus: WTW’s Hess
The broker said that key hires – including Lucy Clarke – would pay off in improved results.
Samuel Casey
,
27 July 2023
Everest capital position provides ‘significant firepower’: CEO Andrade
The chief executive also remarked on the strong rating environment in the property cat (re)insurance markets.
Aisling Finn
,
27 July 2023
AM Best revises Lloyd’s from stable to positive
The ratings agency recognised the Corporation’s efforts to improve the resilience of its balance sheet.
Rachel Dalton
,
27 July 2023
Schaper promoted to AIG global CUO
He will report to long-time colleague CEO Peter Zaffino.
Abbie Day
,
27 July 2023
BAML-run Castel process passes first bid deadline with robust interest
Sources suggest that, based on a multiple of 15x-17x Ebitda, the business could be valued at £300mn-£375mn.
Adam McNestrie
,
27 July 2023
Tysers launches global entertainment division
The team will be headed by Tysers’ MD Paul Chapman, joined by Claffey, Freeman and Thornhill.
Abbie Day
,
27 July 2023
WTW posts 7% organic growth in Q2 and reduces 2024 margin and EPS outlook
The broker said it experienced headwinds from prior-year book sales, inflation and investment costs.
Samuel Casey
,
27 July 2023
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