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Insurance
Profits halve at Willis in first year after merger
Willis Towers Watson, a broker and advisory firm, reported an attributable net income of $312 million for 2016, down from $640 million in the previous year.   9 February 2017
Insurance
Ed poaches Willis Re exec to head marine/energy reinsurance
Ed, the broker formerly known as Cooper Gay, has appointed Andy Wakefield as managing director of marine and energy reinsurance.   8 February 2017
Insurance
Aon Benfield appoints global head of broking strategies
Reinsurance broker Aon Benfield has appointed Jeremy Goodman as global head of broking strategies.   8 February 2017
Insurance
AlphaCat crafts first cat bond to cover Latin America risks
In what represents an important step forward for the insurance-linked securities (ILS) markets, AlphaCat Managers, the ILS investment adviser that is a subsidiary of Validus Holdings, has completed the first catastrophe bond to cover risks from Latin America.   7 February 2017
Insurance
Aon warns on UK longevity price dislocation
A projected reduction in mortality improvements in the UK and Wales has taken place earlier than expected, causing potential price dislocation in the longevity market, according to Aon Hewitt, the Aon unit specialized in global talent, retirement and health solutions.   6 February 2017
Insurance
Reinsurance in India: all that glitters is not gold
Global reinsurers are piling into India in search for growth, but this is likely to increase competition in an already soft market, according to experts speaking to Intelligent Insurer.   6 February 2017
Insurance
Willis Towers Watson appoints North America Finex head
Broker Willis Towers Watson (WTW) has appointed Ken Ross as head of its Finex North America business, the company’s management liability specialty group.   2 February 2017
Insurance
Aon boosts cyber risk practice with new appointment
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has appointed Craig Guiliano as technology consultant in its cyber practice.   1 February 2017
Insurance
PERILS partners with CatIQ on Canadian cat loss data
PERILS, a provider of catastrophe insurance data, has entered a strategic alliance with Toronto-based Catastrophe Indices and Quantification (CatIQ) to provide industry loss data for Canada.   1 February 2017
Insurance
London Market prepared to absorb $200bn loss
An exercise led by Hiscox testing the resilience of the London Market showed that it would be able to cope with a never before seen $200 billion catastrophic loss event.   31 January 2017

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