Greg Case, the chief executive of Aon, has defended the broker’s controversial sidecar deal with Berkshire Hathaway last year and said the facility has been a resounding success with clients despite a mixed reaction to it in the wider markets.
Aon Hewitt, the global talent, retirement and health solutions business of Aon, has partnered with HelloWallet, a financial guidance software company, to help US employers make the most of their benefits and strengthen the financial wellness of their workforce.
SCOR has acquired the majority stake in a publishing house. The French reinsurer said the move is in line with SCOR's long-term yield approach to investments.
Strong levels of investment-linked securities (ILS) issuance are expected in the second quarter of 2014 as issuers benefit from reduced spreads, improved speed to market and more flexible terms.
Willis Group, the global risk adviser and re/insurance broker, has launched a new service to help employers meet their obligations under UK pension reforms.
French insurer Axa is reportedly exploring the sale of its US subsidiary Axa Corporate Solutions Life Reinsurance.
Hiscox has become the latest insurer to join the Lloyd’s Brazil reinsurance platform. It joins ten existing businesses that already use the platform.
Property and casualty insurer ACE has appointed Steven Zodtner, formerly of United States Liability Insurance Company, as senior vice president, property and casualty and micro-business for ACE Commercial Risk Services.
Property and casualty insurer ACE has appointed Melanie Sandy, formerly of More Than, as partnerships marketing manager, A&H, in the UK.
Blue Capital Management, the third-party capital management arm of Montpelier Re, has completed its placing programme, launched in April 2013.