News

Insurance

Historic day’ for Aon as $13bn NFP deal closes faster than expected

Swift close boosts Aon’s accretion, advances cash flow benefits by a year.   26 April 2024

Alternative Risk Transfer

Jamaica secures $150m World Bank cat bond for four hurricane seasons

Its parametric structure allows for faster insurance payouts post event.   26 April 2024

Insurance

Upward pressure on liability rates rising to-date in 2024: Gallagher

Concerns over liability rate adequacy ‘seem to be louder today’ than just one month ago.   26 April 2024

Insurance

Insurance brokers claim non-compete ban won’t trigger rise in attrition

Gallagher and WTW lean on non-solicitation clauses to protect clients and remaining staff.   26 April 2024

Risk Management

Marsh launches new global alternative risk solutions practice

To be led by a seasoned professional with 30 years of experience in financial services.   26 April 2024

Alternative Risk Transfer

Climate change drives rise in parametric insurance take-up: Swiss Re

Climate change means the nat cat protection gap will only grow—and parametric risk transfer products are gaining traction as a potential way of closing this gap.   26 April 2024

Insurance

Allianz appoints new MD for personal lines broker following key departure

Its personal lines broker business in the UK LV= rebrands to Allianz.   26 April 2024

Insurance

Pen Underwriting extends Irish specialist fleet deal with Zurich

The multi-year agreement carries the partnership over the 25-year mark.   26 April 2024

Insurance

Thomas Carroll taps CBI veteran as non-executive director

The appointee has been at CBI Wales for 19 years.   26 April 2024

Insurance

Insurtech Inari unveils senior hire to support global growth plans

The company raised $5.2 million in funding last year.   26 April 2024

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