News

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

Gallagher could do $7.5bn in M&A to end-2025 just on tuck-ins

Smaller players should migrate to the Gallagher tool box as investment costs pinch.   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

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

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

Pen Underwriting extends Irish specialist fleet deal with Zurich

The multi-year agreement carries the partnership over the 25-year mark.   26 April 2024

Insurance

Thomas Carroll taps CBI veteran as non-executive director

The appointee has been at CBI Wales for 19 years.   26 April 2024

Reinsurance

Treaty renewals in 2024 should hold market’s latest gains: Munich Re

CEO Wenning confirmed €5bn profit target, but also noted 3Y streak of beating plan.   25 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

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