Guy Carpenter

Guy Carpenter adds senior fac execs Rizzi and Littell

2021-07-30T19:02:00+01:00

Guy Carpenter has continued to bolster the ranks of its facultative reinsurance business by hiring Sabrina Rizzi from Willis Towers Watson (WTW) and another former WTW executive David Littell from Lockton Re, The Insurer can reveal.

David Howden – Howden Group Holdings

Howden: Aon-WTW deal saga failed their employees

2021-07-30T15:30:00+01:00

David Howden, the co-founder and group CEO of UK broking group Howden, has criticised the collapsed Aon-Willis Towers Watson (WTW) deal, saying the firms had failed their combined 95,000 global employees.

Greg Case – Aon

Case: Aon in position of strength after best organic quarter in almost two decades

2021-07-30T14:40:00+01:00

Aon CEO Greg Case has said the firm is moving forward from the breakdown of the Willis Towers Watson transaction with a proven platform and operating from a position of strength after delivering organic growth that was its strongest in almost two decades.

Zhengzhou city, central China's Henan province

AM Best: Estimated $1.4bn Henan flood losses manageable for China insurers

2021-07-31T04:19:00+01:00

The recent severe flooding in the province of Henan could become China’s largest insured loss ever but the country’s non-life insurers will be able to manage and absorb the losses, AM Best has commented.

Jonathan Ritz ProSight

TowerBrook and Further Global acquisition of ProSight to close next week

2021-07-30T22:49:00+01:00

ProSight Global’s $586mn acquisition by private equity firms TowerBrook and Further Global Capital is scheduled to close next week with former Aspen and Validus executive Jonathan Ritz confirmed to take the position of CEO of the property and casualty insurer.

David Howden – Howden Group Holdings

Howden: Aon-WTW deal saga failed their employees

2021-07-30T15:30:00+01:00

David Howden, the co-founder and group CEO of UK broking group Howden, has criticised the collapsed Aon-Willis Towers Watson (WTW) deal, saying the firms had failed their combined 95,000 global employees.

Greg Case – Aon

Case: Aon in position of strength after best organic quarter in almost two decades

2021-07-30T14:40:00+01:00

Aon CEO Greg Case has said the firm is moving forward from the breakdown of the Willis Towers Watson transaction with a proven platform and operating from a position of strength after delivering organic growth that was its strongest in almost two decades.

Zhengzhou city, central China's Henan province

AM Best: Estimated $1.4bn Henan flood losses manageable for China insurers

2021-07-31T04:19:00+01:00

The recent severe flooding in the province of Henan could become China’s largest insured loss ever but the country’s non-life insurers will be able to manage and absorb the losses, AM Best has commented.

Jonathan Ritz ProSight

TowerBrook and Further Global acquisition of ProSight to close next week

2021-07-30T22:49:00+01:00

ProSight Global’s $586mn acquisition by private equity firms TowerBrook and Further Global Capital is scheduled to close next week with former Aspen and Validus executive Jonathan Ritz confirmed to take the position of CEO of the property and casualty insurer.

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Directors and officers

Gallagher report: D&O market “at the top of the pricing bell curve”

Gallagher has said that new excess capacity is starting to bring some relief to D&O pricing and that carriers looking to push through only increases will lose business, in a report that includes details on the UK, US, Canada markets.

Dr Andrew Johnston, Global Head of InsurTech, Willis Re

A time of plenty in the insurtech space – for some

The record number of insurtech mega-rounds in the second quarter suggests the space is enjoying a halcyon period, but the struggles of some companies that have not reached that stage and those that have gone on to become public companies shows the picture is more mixed.

P&C FUNDRAISING TRACKER

June surge in P&C insurtech capital raises pushes Q2 total towards $3bn

A slew of mega fund raises from Wefox, Bought By Many, Embroker and EIS made June by far the biggest month of the second quarter for P&C insurtech funding, accounting for over 60 percent of Q2’s total, according to data compiled by The Insurer.

Directors and officers

Gallagher report: D&O market “at the top of the pricing bell curve”

Gallagher has said that new excess capacity is starting to bring some relief to D&O pricing and that carriers looking to push through only increases will lose business, in a report that includes details on the UK, US, Canada markets.

Dr Andrew Johnston, Global Head of InsurTech, Willis Re

A time of plenty in the insurtech space – for some

The record number of insurtech mega-rounds in the second quarter suggests the space is enjoying a halcyon period, but the struggles of some companies that have not reached that stage and those that have gone on to become public companies shows the picture is more mixed.

P&C FUNDRAISING TRACKER

June surge in P&C insurtech capital raises pushes Q2 total towards $3bn

A slew of mega fund raises from Wefox, Bought By Many, Embroker and EIS made June by far the biggest month of the second quarter for P&C insurtech funding, accounting for over 60 percent of Q2’s total, according to data compiled by The Insurer.

Willis Re – North America

Crunch time for WTW to resolve Willis Re future

Willis Towers Watson and its CEO John Haley have a short window to resolve the future of Willis Re or risk mass defections and value destruction as the mood within the ranks of the reinsurance broker risks rapidly souring in the aftermath of its sale to Gallagher being called off.

Lloyd's greenwash

Lloyd’s takes step forward on climate action but protests likely to continue

Climate protests are an increasingly frequent sight on Lime Street. Only yesterday a so-called Insurance Rebellion protestor daubed the Lloyd’s building with green paint, which followed a stink device protest last month and the dumping of fake coal outside the building in April.

Aon WTW AJG

What next for Aon, WTW and Gallagher…

Aon, Willis Towers Watson and Arthur J Gallagher report earnings within the next eight days, and there will be more scrutiny than ever as analysts pick through the failed M&A to determine what the future holds for three parties that had all hoped for transformational deals.

Willis Re – North America

Crunch time for WTW to resolve Willis Re future

Willis Towers Watson and its CEO John Haley have a short window to resolve the future of Willis Re or risk mass defections and value destruction as the mood within the ranks of the reinsurance broker risks rapidly souring in the aftermath of its sale to Gallagher being called off.

Lloyd's greenwash

Lloyd’s takes step forward on climate action but protests likely to continue

Climate protests are an increasingly frequent sight on Lime Street. Only yesterday a so-called Insurance Rebellion protestor daubed the Lloyd’s building with green paint, which followed a stink device protest last month and the dumping of fake coal outside the building in April.

Aon WTW AJG

What next for Aon, WTW and Gallagher…

Aon, Willis Towers Watson and Arthur J Gallagher report earnings within the next eight days, and there will be more scrutiny than ever as analysts pick through the failed M&A to determine what the future holds for three parties that had all hoped for transformational deals.