JLT Re adds Davis to US cyber unitJLT Re has appointed Erica Davis as senior vice president to lead its North American cyber and E&O practice.
Willis Towers Watson encourages clients to unseat carriersWillis Towers Watson has advised clients to ‘displace incumbent insurers’ to secure favourable rates at forthcoming renewals.
BMS hires Price Forbes executive to launch new direct energy operationThe London market wholesaler BMS is to launch an energy insurance division later this year, led by Price Forbes executive James Chicken.
AFL Insurance Brokers bolsters wholesale property team with two hiresBarry Rowland has joined the broker, owned by former-Cooper Gay CEO Toby Esser, as director of property and casualty.
Marsh criminal complaint puts aviation brokers in the spotlight againNews that four Marsh brokers are the subject of a criminal complaint over use of client information in the Philippines has once again again raised questions around broking practices in the aviation space.
Marsh executives face criminal complaint in fresh aviation scandalSome of Marsh’s top executives in Asia as well as members of its aviation team are the subject of a criminal complaint in the Philippines after allegedly sharing confidential client information.
Willis reinsurance revenues post 4% Q4 organic growthWillis Towers Watson’s investment, risk and reinsurance unit reported solid 4 percent organic growth in the fourth quarter to take headline income to $300mn for the period.
JLT hires AIG’s marine and aviation big hitter Joe TrottiJLT has hired AIG’s former head of global marine and aerospace Joe Trotti, Re-insurance.com can reveal.
Brokers handed deadline reprieve in FCA wholesale probeThe UK regulator, which is currently undertaking a detailed review into the London market wholesale broking space with a particular focus on broking facilities, has handed a six week reprieve to companies ensnared in the probe.
Results Round-up: Brokers fly as carriers nosediveThe Q4 results season kicked-off in earnest last week with a boost for the brokers after solid performances by Brown & Brown and Arthur J Gallagher (AJG) while the first signs of a hard-loss quarter for carriers emerged.
Alesco adds two partners to energy unitLloyd’s broker Alesco has hired Alison Schwab and Mark Smith as partners for its energy division, the company announced today (29 January).
Gallagher’s sees 6.8% organic growth in broking revenuesAcquisitive international broking house Arthur J Gallagher reported fourth quarter organic broking revenues that had climbed 6.8 percent compared to the final three months of 2016.
London market broker SSL in exclusive sale talksThe independent London market marine broker SSL has entered into a new set of exclusive takeover talks with a private equity firm that - if successful - will lock in co-founder Andrew Sturdy and his colleagues for a minimum of three years, Reinsurance can reveal.
Brown & Brown tops estimates as organic growth climbs 9.3%US broker Brown & Brown got the ball rolling on the fourth quarter reporting season with an estimate-topping set of results led by 9.3 percent rise in organic revenue.
Guy Carpenter’s RoL index up 6.1 percent2017 losses and additional exposures added to treaties have fuelled a 6.1 percent increase in the Guy Carpenter rate on line (ROL) index for global catastrophe premiums.
Reinsurers face further test at Spring renewals: Guy CarpThe reinsurance market will face another test in the Spring when programs worst hit by last year’s catastrophes renew, Guy Carpenter has said.
AmWins boss DeCarlo to step downAmWins CEO Steven DeCarlo is set to exit his role in May to be replaced at the helm by the wholesale broking giant’s current chief operating officer (COO) Scott Purviance.
JLT Re hires Aon Benfield’s Fox as Asia-Pac chiefBroker JLT Re has named Jeremy Fox as its new CEO for the Asia Pacific region, replacing outgoing head Stuart Beatty.
Hyperion earnings climb by almost a quarter to £152mnHyperion, which owns Howden, RKH and Dual, saw profits climb by 24 percent to £152mn ($205.4mn) in the 12 months leading up to the end of September last year.
Lucy Clarke named Global CEO of JLT SpecialtyJLT has appointed Lucy Clarke as Global CEO of JLT Specialty. The remit of this new role covers all of JLT’s business activities with the exception of reinsurance broking and employee benefits.