The existing partners of Miller will be reinvesting into the business to keep a “substantial minority ownership” and targeting broader employee ownership as part of the deal that sees the firm switch hands from Willis Towers Watson to Cinven and GIC.
Where other investment markets have struggled during the global pandemic insurance-linked securities have weathered the storm well. Post finds out how London’s young regime is fitting into the existing global markets and whether there is still innovation…
Brokers have hailed private equity house Cinven and Singaporean sovereign wealth fund GIC buying Miller from Willis Towers Watson as a deal with no losers.
The level of broker consolidation has risen again this year, says GRP’s group CEO Mike Bruce as he predicts more investments to come from long-term investors with vendors keen to sell due to pandemic uncertainty, rumoured tax changes, strong valuations…
The financial performance of the world’s three largest broking firms held steady in the third quarter of 2020 leading executives to hail strong results achieved in spite of the pressures of the Covid-19 pandemic.
Webinar: The risk convergence: How insurers can seize the initiative on privacy, cyber risk and operational resilience
In a live webinar session taking place on 17 November an expert panel will explore industry perspectives on how firms can seize the initiative on privacy, cyber risk and operational resilience as an opportunity to be future-ready.
Aon, Allianz, Aviva, Convex, Direct Line, Gallagher, LV, Marsh, Munich Re and Zurich dicuss the future of work
Last week Insurance Post ran its first Future of Insurance Work event which gathered over 40 insurance executives together to share their thoughts on what seems to unquestionably be the hot topic of 2020.
Panellists speaking at an industry forum on Wednesday cautioned that insurance pools set up to provide cover for terrorism risks may not be the best templates on which to build pools that deal with pandemic risk.
The insurance industry needs to work collaboratively to promote the benefit of careers in insurance to boost the range of diverse talent and thinkers in organisations, according to Claire McDonald, UK and Ireland managing director at HDI Global.
Insurance might be commonly regarded, from the outside at least, as being one of the most traditional of industries. According to Mohit Manchanda, head of insurance UK and Europe, Roopak Chadha general insurance growth leader, Rohan Regis, vice-president…
Aon UK CEO Julie Page has been appointed president of the Chartered Insurance Institute.
As part of a monthly series, Post looks into the future at how the insurance industry might change, focusing on a specific issue. In the latest instalment David Worsfold looks at transformation of Lloyd’s and the London market in the post Covid-19 era
Work to create a vehicle for dealing with catastrophic and systemic risks in the wake of the coronavirus pandemic must take into account the full spectrum of risks capable of causing comparable levels of disruption, prominent industry figures said on…
Businesses have put their return to office plans on hold following the latest statement from the government asking people in England to work from home where possible.
As the UK government further eases Covid-19 lockdown measures, as pupils across the country return to school, how do insurance companies and employees feeling about returning back to the workplace? Post spoke to some of the leading insurance firms to…
Helle Thorning-Schmidt, the former prime minister of Denmark, has urged the insurance industry to share fears and cost analyses on uninsurable events to make governments accountable for action on climate change and pandemics.
Aon and Willis Towers Watson shareholders have voted in favour of the risk giants' merger.
Insurance companies, like those in other sectors, are waking up to inequalities in society that could measurably affect their own make up. But if they are going to face up to sometimes harsh realities then they need to stop clinging to a PR narrative.
With growing pressure on the government to introduce mandatory ethnicity pay reporting to measure inequality in the workplace, Post investigates what steps the industry is taking to prepare and what is still to do.
Lockdown has been a challenge for businesses across the country but the change in working has led to insurers developing in many positive ways that will benefit the customer in the long run
Aon and Willis Towers Watson have decried the filing of five legal cases across the US by “purported” shareholders and slammed the complaints for being “without merit”.
In a half year results call, Marsh and McLennan CEO Dan Glaser aired a “personal” view that the Aon and Willis Towers Watson merger will be negative for clients and the market .
PREMIUM: The insurance industry has suffered very large losses from natural disasters over the past two centuries and this still remains a problem today, with 409 natural catastrophe events totaling $232bn in losses in 2019. Post looks at some of the…
Andrew Tunnicliffe has rejoined Aon in the newly created role of UK chairman, global and specialty, part of its commercial risk solutions, health solutions and affinity business.