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 .
Digital algorithmically-driven Lloyd’s of London syndicate Ki has appointed Dan Hearsum as managing director joining from Marsh JLT Specialty where he was head of placement for the specialty business in the UK.
Former insurance business development head Laurence Ives jailed for sexual offences against children
Laurence Ives, 55, of Western Road, Leigh, has been jailed for four years and placed on the sex offender register for ten years for committing 15 sexual offences against children.
The industry has found itself under the spotlight for all the wrong reasons during the Covid-19 pandemic. However, one area where it should be singing its praises is life sciences. Post investigates how brokers and insurers have supported the quest for…
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…
Insurers have been accused of filibustering in relation to business interruption as firms suffer “devastating losses” following coronavirus lockdown.
Capsicum Re’s new chairman Raja Balasuriya is a “force to be reckoned with,” CEO Rupert Swallow told Post as the reinsurance broker unveiled the executive committee team line-up designed to lead the business through its next phase of growth.
The British Red Cross and the British Psychological Society have teamed up to recruit specialist Psychosocial Reserve Volunteers who will support people experiencing trauma or emotional distress during and after major emergencies in the UK.
Aon will repay colleagues in full, plus 5% of the withheld amount, after cutting the salaries of 70% of its workforce.
Insurers have been accused of "dragging feet" in the Financial Conduct Authority's business interruption test case, as they sought additional hearing time in September to debate on the regulator's use of an analysis by the University of Cambridge to…
There have always been points of conflict in the insurer and broker relationship but this week that reached a new low as RSA offered up Marsh as a human shield in its battle to avoid payment of business interruption claims for the Covid-19 pandemic.
Insurers' comments about the duty of brokers made in the defences in the ongoing Financial Conduct Authority business interruption court case are "irrelevant" and "unhelpful" according to British Insurance Brokers' Association CEO Steve White.
Marsh has disputed RSA allegations its clients should be liable for brokered policy contract issues in the Financial Conduct Authority’s business interruption test case, as brokers were dragged into the ongoing proceedings.
As preparations continue for a July test case to determine whether business interruption policies cover coronavirus lockdown losses, Post delves into the “representative sample” of wordings on which the court will be adjudicating.
In this month’s column, David Worsfold looks at insurance past, present and future in light of the pandemic and the recent Black Lives Matter protests.
The Financial Conduct Authority has today denied there is any conflict of interest in relation to the law firm engaged on its business interruption test case.
The insurance industry has spoken out against racism and social injustice in light of the recent events.
Aon UK chief operating officer Nathan Shanaghy and the rest of the leadership team may have been left “humbled” by staff responses to global pay cuts, but that doesn’t mean the broker hasn’t served its workforce up a raw deal.
Amber Rudd, former Home Secretary, will lead one of six working groups set up by the Pandemic Re steering group.
Insurance Covid-Cast episode 12: Newsmaker special with Partners& CEO Phil Barton and chair Stuart Reid
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the latest in a series of newsmaker specials focusing on the people behind the lockdown headlines.
Chubb has appointed Robert Wilson as deputy chief underwriting officer and head of underwriting operations for Chubb Global Markets.
Pricing momentum towards a hard insurance and reinsurance market will continue with the coronavirus crisis acting as a catalyst for steeper rate increases, industry executives have said.
The gender pay gaps of top insurance brokerages showed little movement in 2019, with the divide between the mean pay of men and women shrinking by 0.33% while the gap in median pay grew by 0.34%.
Allianz faces a potential group action lawsuit from policyholders that have had coronavirus-related business interruption claims rejected.