WTW
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Insurers have expressed concerns about hitting the 2023 deadline for the regime. -
Of the companies surveyed, only 2% did not consider their reputation a standalone risk.
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It is understood that the account includes oil platforms, crude barrels and 12 vessels, and is one of the largest accounts in the South American country.
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As momentum builds for greater transparency on ESG and net-zero transitions across the insurance ecosystem, brokers are entering an evolution.
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The buybacks will be in addition to the $1.3bn remaining on the broker’s current open-ended repurchase program.
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Wendy Peters’ decision comes in the wake of several senior changes within the WTW PV and terror team.
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The account consists of 16 airlines and has a total fleet value of $29.7bn.
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Henry Keville will be responsible for leading WTW’s financial lines programmes for banks, insurance companies, asset managers and other firms in the financial sector.
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The appointment of Will Jones comes during a time of change for the WTW terrorism and political violence team.
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Plus this week’s Q1 results and all the top news of the week.
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The loss of the carrier’s Russian operations is set to create “modest margin headwinds” for the business.
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The company posted adjusted diluted earnings per share of $2.66, ahead of analyst consensus of $2.50.
