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Insurance
UK comprehensive car insurance prices rose 18 percent on an annualized basis to £847 in the second quarter, the biggest quarterly rise in seven years, pushing the cost of UK car insurance close to an all-time high. 10 July 2017
Alternative Risk Transfer
Last year saw the second highest level of catastrophe bond issuance on record signalling strong growth in the market, according to Willis Capital Markets & Advisory (WCMA). At year end, $5.9 billion of catastrophe bonds had been issued – a 37 percent increase over 2011, according to the unit’s latest Insurance-Linked Securities (ILS) market update. 6 February 2013
Insurance
Allianz Global Corporate & Specialty has appointed a new global head of reinsurance and catastrophe risk management Hyeji Kang. 1 October 2019
Insurance
The UK Court of Appeal has granted Willis an injunction against JLT preventing it from recruiting any more staff after a mass defection. 23 April 2015
Insurance
With high security risks and exposures in the hundreds of millions, the London insurance market will play a crucial role in insuring the 2018 FIFA World Cup, according to Lloyd's insurer Beazley. 11 June 2018
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has hired Lindsey Frase to take on the role of partner and member of the company’s North American current client division. 18 June 2019
Insurance
Broker Willis has commenced legal proceedings against former employee David Gordon and Jardine Lloyd Thompson following his defection to the rival broker. 15 April 2015
Insurance
Broker Willis has appointed Keith Chapman as regional construction industry leader for the Middle East. 11 July 2014
Insurance
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid out $12.8 million to the Bahamas Government for Hurricane Dorian that caused widespread devastation in the northern part of the country. 27 September 2019
Insurance
Broker Gallagher has recruited Brent Kruger as its new UK chief information officer (CIO). 13 September 2019
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