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The challenge of recreating Willis Re is steep – but the benefits could be huge

WTW exploring reinsurance exec recruitment comes at a time of competitive tension in the market.

Rachel Dalton, 31 July 2023
Aon faces legal actions, Bermuda investigation over Vesttoo collateral issues

The broker said it believes it has meritorious defenses and intends to vigorously fight the claims and seek recourse against third parties where appropriate.

Jairo Ibarra, 28 July 2023
Market has ‘found equilibrium’ in property cat as 1.1 approaches: Aon’s Andersen

Depressed M&A activity is a headwind likely to impact Aon for the remainder of the year.

Samuel Casey, 28 July 2023
WTW scouts market for leadership for potential reinsurance relaunch

WTW is quietly sounding out market executives for a potential relaunch into reinsurance once its two-year non-compete agreement with Gallagher Re ends in December, this publication can reveal.

Rachel Dalton, 28 July 2023
Mapfre Re improves combined ratio as H1 net result jumps 71%

The reinsurance unit’s combined ratio improved to 95.8% from 96.4% in June 2022.

Abbie Day, 28 July 2023
Aon posts 6% organic growth in Q2 as reinsurance grows by 9%

The growth figure represented a 1-point deceleration from the previous quarter.

Samuel Casey, 28 July 2023
Pen Underwriting creates standalone financial lines unit

Richard Webb will lead the new division.

Rachel Dalton, 28 July 2023
The Week in 90 Seconds: Vesttoo latest; Turning around WTW; H1 storm losses

Plus the latest people moves and all the top news of the week.

Rachel Dalton, 28 July 2023
Everest Insurance hires Brionne and Benson for European roles

Both executives have joined from Chubb.

Rachel Dalton, 28 July 2023
Gallagher has 55 term sheets representing $700mn annualised revenue

Gallagher Re posted 11% organic growth in Q2, down from 12% in Q1, while RPS recorded 10%, up from 8% the previous quarter.

Jairo Ibarra, 28 July 2023

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