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Howden swoops for Marsh JLT talent as M&A demand surges in Asia Pacific
Insurance
Howden swoops for Marsh JLT talent as M&A demand surges in Asia Pacific
The broker is seeing increasing demand for bespoke insurance solutions for M&A transactions in APAC.   7 March 2022
Allianz trims 10% from management bonus on Structured Alpha fiasco; finds ‘no evidence of wrongdoing’
Insurance
Allianz trims 10% from management bonus on Structured Alpha fiasco; finds ‘no evidence of wrongdoing’
Allianz came under fire from investors starting mid-2020 with a slew of lawsuits over its so-called Structured Alpha funds.   4 March 2022
Re/insurers urged to ‘urgently’ stress test threat of Russian cyber attacks
Insurance
Re/insurers urged to ‘urgently’ stress test threat of Russian cyber attacks
War in Ukraine has triggered a fundamental shift in the cyber threat landscape, finds CyberCube.   4 March 2022
Insurance
Global Risk Partners snaps up Cardiff broker to expand presence in South Wales
Its chief executive claims South Wales is an important growth area for the group.   4 March 2022
Insurance
Fortitude Re strikes $400m P&C reinsurance deal with James River
The agreement relates to JRG Re’s casualty reinsurance portfolio.   4 March 2022
Insurance
Arch taps long-standing executive for chief reinsurance and exposure officer role
The new chief will help support its ambitious goals in the London Market and beyond.   4 March 2022
Insurance
QBE sells ‘attractive’ $375m US insurance agency; maintains ‘limited’ exposure to Ukraine war
QBE will no longer own any agency businesses in North America, wants to shift focus to commercial, speciality and crop.   4 March 2022
Insurance
Europe’s third-largest insurer cuts ties with Russia; shuts Moscow office
Generali claims to have ‘minor exposure’ to the Russian market, which is under constant evaluation with all applicable sanctions.   4 March 2022
Insurance
AIG makes new C-suite appointment to help ‫improve strategy and performance
The new chief procurement officer will be responsible for all purchasing and vendor services across AIG.   3 March 2022
Insurance
Sompo to build global growth ‘brick by brick’ in difficult and pricey M&A market
The insurer believes going head-to-head with major European-based players ‘would not be wise’.   3 March 2022

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