Willis Re looks to deliver promised gains; integration won’t derail M&A hunt.
‘The insurance market is failing some leaseholders,’ housing minister tells regulators.
Syndicate 5183 has received ‘in-principle’ approval to write business incepting from April 1.
Cyber criminals are finding innovative ways to exploit weaknesses in tech infrastructure.
Marsh will deploy $4 billion in capital in 2022 flexibly between growth opportunities and shareholders.
Marsh plans to slow down organic hiring in 2022 after hitting 6k record in 2021; won’t take quick revenue boost
“When we hire, it’s not ‘what is your book of business?’ …not just somebody who can pull in an account or two.”
Individual ransomware risks still dominate the market calculus; cumulation is a backburner concern.
70-75% reduction in premiums in key cat lines take 10 percentage points from property weight in books.
Fast-rising cyber requires heightened discipline for claims volatility, even as profits remain solid.
The group is making progress in repositioning its portfolio and reducing volatility, says CEO.