WTW
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The broker says the solvency and capital impacts of the Covid-19 rout have eased.
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Rate growth in the sector stands at 20 percent and in some cases even higher. -
Matt Scott will become senior director at the broker.
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The UK reinsurance managing director exits after three decades.
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Stocks of major brokers surged, outpacing the broader market.
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Sheldon Elefant joins the broker’s M&A risk team in New York.
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Process paused as market turmoil challenges debt markets and undermines due diligence.
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International chairman James Vickers expects the virus to be a feature of all 2020 renewals.
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The move is part of wider plans at the reinsurance broker to build out the unit.
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Long closing period and Covid-19 uncertainty expected to curb early staff exits.
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Staff let go within that time frame would receive at least the same severance package as under offer at Willis.
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David Boyle, Ed Louth, Paul Baker and Neil Black will join the broker’s global aerospace team.
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