News
Insurance
Mapfre CEO Antonio Huertas has acknowledged that the company “could have done better” in 2018 at the company's annual general meeting for shareholders in Madrid on Friday 8 March. 11 March 2019
Insurance
Broker Lockton has poached three senior executives from Guy Carpenter/Marsh to form a new global reinsurance business that it says will represent a critical pillar of its aggressive growth plans. 8 March 2019
Insurance
Berlin-based insurtech firm Wefox Group has raised $125 million in its series B funding round led by a newly-formed European ventures fund Mubadala, with participation from Chinese investor Creditease, among others. 8 March 2019
Insurance
Houston-based Tokio Marine HCC has named Michael Schell as its new president following the retirement of William Burke in April 2019. 7 March 2019
Insurance
Insurance broker Lockton has hired JLT's Thailand CEO Philip Corrigan as Asia-Pacific chief operations officer (COO) as it looks to expand its business and expertise across the region. 7 March 2019
Insurance
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
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
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
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, 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
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