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Willis Re kicked off its talent acquisition with mass hiring from Guy Carpenter over the summer. -
The broker said WTW hasn’t shown it was irreparably harmed by the defection.
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APIP is one of the world’s largest property programs.
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The London MGA is considering various options, including a minority investor.
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The carrier recently expanded its reinsurance product suite in Bermuda.
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The number of syndicates traded at auction was the highest for a decade.
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Plus, the latest people moves and all the top news of the week.
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A canvassing of the cyber market suggests the impact will be negligible.
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The range allows “for information that could emerge beyond what is known today”.
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The appointments are aimed at offering a clearer team structure.
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Sources said he will join the reinsurance brokerage next year, after his garden leave expires.
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The EUR100mn+ Ebitda firm is courting both PE and trade suitors.
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Beazley is one of the key leaders in the London marine marketplace.
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Ben Hanback joins from Aon, where he spent almost a decade.
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The company and its main debt provider Ares agreed to relax its debt terms in April.
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The carrier is looking to achieve sustainable growth across its personal lines business.
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The hire will lead the firm’s UK and Europe operations.
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Lloyd’s investment vehicles have been shelved in past years but a strong run of returns is creating interest.
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Property pricing fell by 8%, while casualty rate increases tapered to 3%.
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Reinsurers are willing to concede on pricing, while cyber interest is on the rise.
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Total pre-tax favorable prior period development in the quarter was $361mn, up nearly 48% YoY.
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Bill Ross has been CEO of the non-profit for 21 years.
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The financial services growth strategy could be “turbo-charged” by involving brokers, it said.
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AWS suffered a large-scale service disruption originating in northern Virginia.
