Broker
Aon broking arms sees profits crash by a third to £178m in Q2 2015
Aon Risk Solutions has seen its profits drop by a third in the second quarter of 2015 to $279m (£178m)(Q2 2014: $417m) according to its latest results published today.
Insurance quiz of the week - 31 July 2015
It’s that time to put your knowledge of this week’s insurance news stories to the test – and this time it’s not just for fun. It is serious.
Leung to replace Choi as Hong Kong's insurance government head
John Leung is relocating from Taiwan to start as Hong Kong's commissioner of insurance on 19 August to replace Annie Choi.
Win England vs France rugby tickets by completing the Post quiz
For your chance to win a pair of tickets to the England vs France 2015 QBE International at Twickenham on 15 August complete this week's Post news quiz.
Standfield to leave QBE to join Australia broker group
Post understands Shaun Standfield, QBE's chief underwriting officer for Asia, is to leave the insurer to join an Australian broking group.
Gallagher's broking unit posts 16% increase in pre-tax profits for first half
Arthur J Gallagher’s brokerage unit posted pre-tax profits of $217.6m (£139.2m) in the first six months of 2015, up 16% on the $186.5m posted in the same period in 2014.
Decline in premium prices ‘slowing down', Biba finds
The rate of decline in premiums for individual home and motor insurance is slowing down after three years of reductions, according to the British Insurance Brokers' Association.
Willis's after tax profit falls 4.4% in first half
Global broker Willis had net income of $280m for the six months to 30 June 2015 compared to $293m in the same period last year.
Marsh sees EMEA revenue dip in first half of 2015
Marsh & McLennan Companies, parent company of broking firm Marsh, has posted a slight decrease in revenue for the first six months of 2015.
JLT opens door to staff displaced by Willis-Towers Watson merger
JLT hopes to capitalise on the fallout from the Willis-Towers Watson merger by attracting staff displaced by the deal, according to deputy CEO Mark Drummond Brady.
Refinancing deals in vogue as smaller firms eye their own M&A options
Bank refinancing deals will help small and mid-sized insurance companies remain competitive in the aggressive mergers and acquisitions environment, with further refinancing arrangements expected in the coming months, according to insiders.
Expertise From A-Z: Legislation: Getting in on the act
Legal reforms have formed the backbone of an exciting first half of 2015, with the rest of the year promising a continuation of challenges.
JLT's profit margin hit by US build-out
JLT's first half profit margin declined from 19.7% last year to 17.3% as it made a net trading loss of £12.6m on its US specialty business. The broker said this was in line with expectations.
JLT sues Howden in Singapore to halt staff exodus
JLT is pursuing Howden and a Singapore executive firm in the Singapore courts after key staff including JLT's Singapore managing director Goh Chye Huat left in May.
Reputational Risk: A rotten apple…
It takes years to build a reputation and minutes to ruin it. How can companies protect themselves against reputational risk?
SME Hubs: Let's get together
With so much economic focus on London, SME directors are championing the idea of a business hub away from the capital. But how would it work?
Research: Young Broker Nation: Attracting new talent
LV’s Phil Bunker looks back on conclusions of the State of the Young Broker Nation research and finds much to be positive about
Trade Voice: Anyone for a game of pinball?
Going to work in an insurance brokerage can sometimes feel like a trip to the amusement arcades.
C-Suite - Insurer: When two worlds collide
The best way to bring businesses together is to combine their respective strengths, says Simon Cooter.
Aon appoints senior Swiss Re head for China roles
Qin Lu is moving from Swiss Re to take on the roles of CEO of Aon Benfield Greater China and CEO of Aon Risk Solutions, China.
Chase Templeton completes fourth 2015 acquisition with Best Go Private
Chase Templeton has acquired Bushey-based intermediary Best Go Private in a deal that brings a further £3.1m in annual premium income to the consolidator.
Blog: GI hopes high on FCA successor as Wheatley is shredded
The soon to be deposed Financial Conduct Authority CEO Martin ‘shoot first ask questions later' Wheatley this week admitted he is "disappointed to be moving on with a sense of unfinished business".
Sure Thing plots recruitment drive after promising first year
Scottish-based motor broker Sure Thing claims it has outstripped pre-launch sales predictions by 190% after achieving 80,000 live policies in its debut year, with continued growth expected to lead to a boom in recruitment.
Quiz of the week - 24 July 2015
It’s that time of the week again… Quiz Time!