U.S. Property Insurers Could be Facing $12.5B in Hidden Cyber Losses October 12, 2021 The U.S. property insurance market is accumulating cyber exposures that could result in $12.5 billion in non-physical damage losses and...
Activist Investors Starboard Value, Elliott Management Take Stakes in Willis: WSJ Report October 1, 2021 Activist investors Starboard Value LP and Elliott Management Corp have taken stakes in insurance broker Willis Towers Watson PLC, the...
Aon Combines Facultative Reinsurance Broking Teams in APAC, Led by Lambrou September 14, 2021 Aon plc announced that the facultative reinsurance broking team within Aon’s Singapore Broking Centre and Reinsurance Solutions’ APAC facultative team...
People Moves: Howden Names Willis’ Everling as CEO Netherlands, Corporate; Carpenter’s Christian to BMS Re; Aon Reins Hires TigerRisk’s Jackson in U.S. August 25, 2021 This edition of International/Reinsurance People Moves details appointments at three brokers: Howden, BMS Re and Aon with roles in the...
Hacking, But Make It Ethical: How ‘The Good Guys’ Are Boosting Cybersecurity August 18, 2021 By Elizabeth Blosfield Sometimes, real life can be like the movies. At least, that’s according to two ethical hackers in this episode of...
Concerned Scientists Outline What U.S. Should Do to Deal with Climate Change August 12, 2021 By Don Jergler Six insurers have ruled out Arctic refuge drilling, according to a report out this week from the Gwich’in Steering Committee....
While Aon and Willis Were Focused on Merger, Marsh Attracted Producer Talent August 5, 2021 By L.S. Howard While Aon and Willis Towers Watson were trying for many months to land their merger, their competitors were able lure...
Aon’s Price Tag for Scrapped Deal to Buy Willis Rises to $1.4B August 2, 2021 Insurance broker Aon Plc said on Friday it could have to expend up to $400 million in additional costs tied...
Aon Launches New Executive Committee Following Decision to Terminate Willis Merger July 28, 2021 Aon plc has introduced a new Aon Executive Committee (AEC), following the broker’s recent decision to terminate its $30 billion...
Germany’s Floods Will See ‘Sizable’ Protection Gap. Could Insurance Demand Increase? July 22, 2021 By L.S. Howard With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s...