Articles

Insurance

WTW talent rebuild over, focus shifts to ‘strategic and opportunistic’ hiring

A federal ban on non-competition clauses won’t be an obstacle in managing attrition.   26 April 2024

Insurance

Historic day’ for Aon as $13bn NFP deal closes faster than expected

Swift close boosts Aon’s accretion, advances cash flow benefits by a year.   26 April 2024

Alternative Risk Transfer

Jamaica secures $150m World Bank cat bond for four hurricane seasons

Its parametric structure allows for faster insurance payouts post event.   26 April 2024

Insurance

Upward pressure on liability rates rising to-date in 2024: Gallagher

Concerns over liability rate adequacy ‘seem to be louder today’ than just one month ago.   26 April 2024

Insurance

Insurance brokers claim non-compete ban won’t trigger rise in attrition

Gallagher and WTW lean on non-solicitation clauses to protect clients and remaining staff.   26 April 2024

Alternative Risk Transfer

Climate change drives rise in parametric insurance take-up: Swiss Re

Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.   26 April 2024

Insurance

Allianz appoints new MD for personal lines broker following key departure

Its personal lines broker business in the UK LV= rebrands to Allianz.   26 April 2024

Insurance

R&Q in lock-up deal over Accredited sale; anticipates significant cut in proceeds

Closing proceeds now expected between $65m and $110m, down from $170m to $210m.   25 April 2024

Technology

Cytora taps former Aon veteran to support global growth plans

New board appointee ‘blown away by Cytora’s capabilities and use of AI’.   25 April 2024

Insurance

WTW takes 8% growth in broking in Q1, remaining segments lag

CEO Hess claims broking revenues are rate-indifferent, credits retention & new business.   25 April 2024

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