WTW
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Jerry Ridge will be joined by Willis Re’s Jennifer Jones in the global group.
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The total for the year stands at $798.56mn.
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The insurance chief said the company would look to buy firms in existing business areas.
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The intermediary’s head of M&A will take responsibility for all acquisition and investment activity across Willis Towers Watson.
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Rates ranged from flat to up 5 percent at the June renewals
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Commercial auto segment leads the way with another near double-digit increase in Q1.
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It is still unclear where the product-market fit is for blockchain in insurance, according to a speaker at the InsiderTech London conference.
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Beadling joins from Willis Towers Watson, where he had worked since 1992.
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Increased capital requirements and the need to write multi-line business is stymying innovation, according to the former Ariel Re chief.
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The LLP has majority backing from big three broker Willis Towers Watson.
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The broker also has others in the pipeline for life sciences, technology, media and telecoms.
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The company becomes the first international insurance broker to gain a full licence in China.