Operations/tech
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The 2 May event will be live-streamed amid coronavirus concerns
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The executive, who is also chief accounting officer, will leave at the end of the month.
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Dan Moore has been serving in the role on an interim basis since the end of January.
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London will set global strategy and serve as the core specialty hub. -
Aon’s acquisition of Willis is geared to deliver growth through innovation, as it downplayed scale and financial benefits.
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Combined reinsurance revenues would reach $2.3bn, outstripping Guy Carpenter.
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The acquirer will pay a 16.2 percent premium, with Willis chief Haley becoming executive chairman at the combined $80bn broker.
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A second takeover run by Greg Case’s broker would come as the target contemplates its CEO succession.
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The strategy includes contingency plans for e-trading if the virus forces the Lloyd’s building to be shut down.
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Hannover Re takes a key role alongside leader Munich Re in the world’s largest terrorism retrocession placement.
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The deal comes as renewable energy rates continue to harden.
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The veteran investment banker will join the board in April and become chairman when Walter Kielholz retires next year.
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