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Aon scales back in banking as Pedraja and Triggs depart
The move follows a decision from Willis Towers Watson last year to shutter its M&A advisory business.
Adam McNestrie
,
May 16, 2019
Global commercial pricing increases 3% on average in Q1
The most dramatic price rises were in Asia Pacific.
Bernard Goyder
,
May 16, 2019
Axa to freeze its investment in InsurTech fund XL Innovate
Axa XL CEO Greg Hendrick says the fund remains a "core strategic capability".
Bernard Goyder
,
May 16, 2019
Citizens looks to add 10% to already-increased spend as rate momentum builds
Increased spend partly reflects additional aggregate purchase, offset by a smaller sliver layer.
Adam McNestrie
,
May 16, 2019
Allstate reports April cat losses of $290mn
Two Texan wind and hail events caused 70 percent of the insured damage.
Rachel Dalton
,
May 16, 2019
NFP taps Alliant’s Alviggi for launch of environmental practice
Alviggi will be leading environmental coverage at the broker in energy and marine lines, while supporting its existing specialty teams.
Laura Sanicola
,
May 15, 2019
PG&E ruled responsible for deadly Camp Fire
California state investigators determined that the fire was caused by power lines owned and operated by the utility.
Christie Smythe
,
May 15, 2019
Floridian cedants test market resolve with 15% rate bumps
The vast majority of business has still not been transacted owing to brinksmanship on both sides.
Adam McNestrie
,
May 15, 2019
PartnerRe posts Q1 profit following prior year’s net loss
PartnerRe reported a net profit of $497mn for the first quarter of 2019 after generating a net investment return of $600mn during the period.
Gianluca Casapietra
,
May 15, 2019
Aon and Guy Carp partner for blockchain initiative
The two reinsurance brokers are supported by Everest Re and RenaissanceRe.
Christopher Munro
,
May 15, 2019
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