News

Insurance

Lloyd’s appoints Brexit programme director Hayley Spink to lead global operations

Lloyd's of London has appointed Hayley Spink as head of global operations, replacing Joe Dainty who's leaving Lloyd’s in March to join DXC.   7 March 2019

Insurance

Aon will not buy Willis Towers Watson

Re/insurance broker Aon has said it will not buy Willis Towers Watson. Its announcement comes within 24 hours of it revealing it was exploring a possible deal with the world’s third biggest broker.   6 March 2019

Insurance

Aon’s ‘hand was forced’ on Willis talks by Marsh-JLT deal

Re/insurance broker Aon’s shock revelation yesterday (Tuesday March 5) that it was mulling a takeover of Willis Towers Watson (WTW) is a result of its hand being forced by Marsh & McLennan’s pending takeover of Jardine Lloyd Thompson (JLT), according to sources close to the company.   6 March 2019

Insurance

Aon-Willis tie would be bad news for jobs and buyers in wake of Marsh-JLT deal

A merger between Aon and Willis Towers Watson (WTW) would mean more “job carnage” be bad news for buyers but could mean opportunities for smaller brokers, according to sources in the London Market.   6 March 2019

Insurance

Lloyd’s Brussels granted Monaco re/insurance licence for Brexit; appoints Rochefoucauld

Lloyd’s Brussels, the new Brexit subsidiary of London-centred specialist re/insurance market Lloyd’s, has received authorisation to underwrite insurance and reinsurance risks located in Monaco.   6 March 2019

Insurance

Warren Buffett's Berkshire Hathaway gets green light for Brexit hub in Ireland

Warren Buffett's Berkshire Hathaway Insurance Group has been granted a certificate of authorisation by the Central Bank of Ireland to operate as an insurer in Ireland and the European Economic Area (EEA).   6 March 2019

Insurance

Aon confirms Willis Towers Watson buyout plans

Insurance broking giant Aon has confirmed that a takeover of its competitor and third largest insurance broker Willis Towers Watson is under consideration.   5 March 2019

Insurance

LMA appoints directors to operations and finance roles

The LMA has confirmed Rob Myers as its new operations director and Paul Davenport as finance director.   5 March 2019

Insurance

Ian Tomlin joins Special Contingency Risks to develop business

Ian Tomlin has joined Special Contingency Risks (SCR) to lead and manage the strategic development of its accident and health offering.   5 March 2019

Insurance

Tornadoes cause ‘significant damage’ and deaths in southeastern US

A number of strong tornadoes have caused significant damage and deaths in parts of Alabama, Georgia, and Florida in the southeastern US.   5 March 2019

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