Insurer AIG Leads Policy for Japan Airlines Plane Involved in Runway Collision: Sources January 3, 2024 U.S. insurer AIG was the lead insurer on a $130 million “all-risks” policy for the Japan Airlines airplane which collided...
What to Expect: ‘No Material or Sudden Changes’ in Commercial Insurance Pricing November 17, 2023 Even though reinsurance executives are making noise about social inflation and liability rate inadequacy, WTW isn’t expecting any major changes...
Markets/Coverages: WTW Launches Global D&O Excess Facility Called ‘A-Star’ November 14, 2023 Insurance broker WTW announced the launch of “A-Star,” an excess layer D&O insurance solution for directors and officers. The new...
People Moves: Marsh Names Kowell Marine, Cargo and Logistics Practice Leader, US and Canada; WTW Appoints Messinger Lead of FI&PS November 13, 2023 Marsh, a business of Marsh McLennan, headquartered in New York, N.Y., named Janice Kowell marine, cargo and logistics practice leader,...
WTW Launches Asia Pacific Climate Risk Centre in Singapore November 7, 2023 WTW announced the launch of an Asia Pacific Climate Risk Centre (ACRC) in Singapore, which aim to provide climate risk...
5 Brokers Report Strong Revenues During Q3 as Favorable Market Climate Continues October 30, 2023 By L.S. Howard Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,”...
People Moves: WTW Risk & Broking Names Marsh’s Powell as Chief Claims Officer; QBE Europe Promotes Keller as Head of Liability October 16, 2023 This edition of International People Moves details appointments at WTW and QBE Europe. A summary of these new hires follows...
People Moves: Aspen Promotes Bianconi to Global Head of Cyber; WTW’s Corporate Risk & Broking Unit Taps Marsh’s Beldy Torborg for 2 Exec Roles October 2, 2023 Aspen Promotes Bianconi to Global Head of Cyber Bermuda-based Aspen Insurance Holdings Ltd. has appointed Bobby Bianconi as global head...
Don’t Expect the Same Raise You Got Last Year: Surveys October 2, 2023 By Matthew Boyle Companies are trimming their budgets for merit raises next year, a sign of belt-tightening that could surprise some employees who...
Q2 US Commercial Lines Prices Up 6.1%: WTW September 12, 2023 According to WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), commercial insurance prices in the U.S. continued to increase in the...