Howden Alleged to Have Poached Insurance Rival’s Team in UK Suit October 11, 2024 By Upmanyu Trivedi One of the UK’s top insurers is accused of using a team of “recruiting sergeants” to poach talent from a...
People Moves: Arch Insurance Int’l Promotes Brooks to Lead Fine Art & Specie; Aon Names Schultz Vice Chair of Reinsurance, Pennay Becomes CEO of Aon Securities October 9, 2024 This edition of International People Moves details appointments at Arch International Insurance and Aon. A summary of these new hires...
US Property Insurance Rates Fall for First Time Since 2017 September 17, 2024 By Alexandre Rajbhandari US property insurance rates are decreasing for the first time in almost seven years, after insurers returned to profitability amid...
Brokerage Giants Aon, Marsh Unite In Call for Industry Aid to Ukraine September 9, 2024 Highlighting the existence of blanket exclusions in reinsurance contracts for risks originating in the region impacted by the ongoing Russia...
Risks Too Big for Insurers Just Fed a $200 Billion Market Boom in Captives September 4, 2024 By Natasha White As the market for in-house insurance surpasses a record $200 billion, the underlying reasons for that boom show how a...
People Moves: Accredited Taps SCOR’s McMurdo to Lead UK, European Operations; Aon Promotes Barcock to Lead Aviation Reins., Admiral Stavridis Appointed to Board August 14, 2024 This edition of International People Moves details appointments at program manager Accredited UK & Europe and insurance broker Aon. A...
Labor Market Study: 14% of Carriers Plan to Reduce Headcounts August 12, 2024 By Allen Laman Fourteen percent of insurance companies plan to reduce employee headcounts in the next year, according to numbers from Aon and...
Public D&O Price Decreased 5.2% in Second Quarter, Says Aon July 30, 2024 The average price for directors & officers liability insurance decreased 5.2% per $1 million in limits in the second quarter,...
People Moves: Aon Taps Thomas From Lloyd’s as Head of Lloyd’s Capital; McLarens Names 2 Leadership Appointments in Latin America July 16, 2024 This edition of International People Moves details appointments at the broker Aon and claims services provider McLarens. A summary of...
Reinsurers’ Appetite Grows During Mid-Year Renewals but Discipline Remains: Brokers July 8, 2024 By L.S. Howard Reinsurance buyers generally saw positive outcomes during the mid-year renewals, finding adequate capacity to meet cedents’ increasing demand for protection...