WTW

The broker warned that more insurers will restrict or drop oil and gas business in the coming years.

The brokers asked the judge in the case for a 30-day extension to finalize settlement terms in Aon’s suit against WTW.

Inside P&C’s news team runs you through the key highlights of the week.

Growth is accelerating at the broker in the wake of a challenging period following the collapse of the Aon merger.

The acceleration defied wider sector trends, which has led to slowing growth at other brokers.

As the super-cycle slows and the economic landscape becomes more uncertain, brokers will face pressure, though a cooling labor market may aid margins.

Lopez succeeds Hector Martinez, who was appointed as Latin America leader at WTW earlier this year.

WTW has hired Michelle Cui from Zurich North America as director of actuarial property and casualty in its insurance consulting and technology business.

The brokers are working on finalizing the terms in a written settlement agreement, which could be filed within two weeks.

In his new role, Ryan will report to WTW North American leader for CRB Mike Liss.

The broker said the fallout from the Russia-Ukraine conflict was increasing competition for business.

The new deadlines set last week after a hearing suggest that recent settlement negotiations between the brokers to end the case via private mediation did not come to fruition.