WTW
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Cyber physical damage cover has also been added to the facility.
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Prior to joining WTW, Morrison has held senior roles at Canopius, and AIG.
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The executive said expansion was driven by retention and new business.
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CEO Carl Hess hailed a “solid” first quarter of results.
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High cash-burn, the dearth of available leaders, and weaker market conditions all point to shelving.
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The US regulator faces litigation from both sides of the climate issue.
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Dussuyer has also been appointed head of corporate risk and broking France.
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WTW predicted that ‘meaningful softening’ could creep into energy markets during the year.
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Increased reinsurance retentions left some insurers with their worst net results in a decade.
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In his new role, Harrison will report directly to Adam Garrard, global head of risk & broking.
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Graham Knight will become chairman of natural resources.
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There were 166 deals over $100mn and 34 deals over $1bn in the first quarter of the year.
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