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MGA & agency staff head for higher pay; industry turnover jumps to 20%
Insurance
Owners & principals paid a price: 41% offered pay hikes, over 30% upped.   9 June 2022
Aon hires former RBS/HSBC exec into reinsurance advisory unit
Insurance
The new hire has most recently been running her own strategic advisory business.   9 June 2022
Something old, lots new: exciting times in the legacy market
Insurance
The legacy market is growing fast, but this could be just the beginning. New territories, new lines, and new solutions are fuelling growth as run-offs leave behind their reputation as a last resort.   8 June 2022
Insurance
Damage could surpass $1bn as areas with most intense fighting have large concentrations of renewable assets.   8 June 2022
Insurance
The group is also investigating ‘complexities’ in its Russia/Ukraine exposures.   8 June 2022
Insurance
Roughly half of policies saw double-digit gains at renewal: CRC price index.   8 June 2022
Insurance
Markel sees ‘perfect time to build out an in-house offering’ towards $30m GWP target.   8 June 2022
Insurance
CEO Albertini not signalling departure, only ‘clarity on succession planning.’   8 June 2022
Insurance
ESG (environmental, social, corporate governance) considerations are now very high up, if not top, of the agenda of all insurers and reinsurers. But, for many, ESG has also become a “Jack-in-the-Pandora’s Box of risky promises, a regulatory nightmare, and a liability minefield”.   8 June 2022
Insurance
Expect a more ‘unified’ and ‘consistent’ approach to M&A from the group now.   8 June 2022

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