WTW

Two warranty and indemnity underwriters leave the Lloyd's carrier.

Willis Re's Smart will join a growing group bolstering Aon Benfield's Bermuda team.

Chaucer’s Bauckham and CNA Hardy’s Powell top PV underwriters, this publication's second survey reveals.

The adoption of an accounting rule, ASC 606, that went into effect at the start of the year lowered profits and margins on a reported basis.

Corrado Zana joins as Western European cyber risk client engagement and strategy leader.

The reinsurance broker taps TransRe for the engineering and energy expert.

Willis Re deputy chairman Mark Hvidsten will manage ILS chief Bill Dubinsky after the reshuffle.

Initiative targets financial, executive and professional large accounts for insurers.

Willis Re has hired Franck Pinette from Guy Carpenter as managing director of its EMEA life and health practice.

The broker believes traditional reinsurance pricing will be on "life support" as ILS capacity remains abundant.

Underlying profitability at global reinsurers has deteriorated by more than 5 points on the combined ratio since 2005.

There was further evidence at the RIMS conference in San Antonio last week of a transitional market emerging in US casualty insurance, with upwards pressure on rates starting to spread beyond headline hard pockets.