WTW
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Bonnet has spent more than four years at WTW in increasingly senior roles.
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WTW claims at least two $1mn accounts were also unfairly lost to Howden.
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Property underwriters are ‘competing fiercely’ to access mining risks.
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Former head of construction Bill Creedon will assume the role of chairman.
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Not everyone will emerge unscathed as brokers navigate the slow-growth environment.
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Verita leadership and staff will remain intact and “seamlessly functional”.
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WTW is “particularly interested” in growing markets like wealth management with bolt-on M&A.
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Brown & Brown fell 10% and Ryan Specialty 8% as investors digest the deteriorating outlook.
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Renewable energy premium written in London and international markets amounts to $2bn.
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She joins the brokerage after 18 years at Canada’s Intact.
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Willis’ continued reinsurance build-out has targeted London and Bermuda marine and retro specialists.
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Brokers across London and Bermuda have handed in their notice to join the start-up reinsurance broker.
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The Bermuda-based team is led by John Fletcher.
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Increases dropped to 5.3% from 5.6% for the previous quarter.
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The broker is launching a reinsurance arm in partnership with Bain Capital.
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The suit names former Marsh execs Hanrahan and Andrews as defendants.
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During first quarter earnings calls, insurers argued that they can mitigate volatility.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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It will be tough to pull off prior goals despite management assurances.
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The pair add to the roster of aviation-focused hires at WTW.
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The hires form part of WTW’s build-out of its US aviation practice.
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Lucy Clarke said the broking business was resilient in the face of macro challenges.