WTW
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The two CEOs say the combined entity will focus on emerging risks, new forms of capital access and “under-served” pockets of the market. -
The broker’s Clips survey also recorded a significant acceleration in property prices.
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Inside P&C takes a detailed look at the next steps including the potential for anti-trust issues and the brewing war for talent.
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The companies claim “overwhelming” investor support at meetings today.
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Reserves in scope have not been finalised, but sources estimated the figure to be in the low hundreds of millions of dollars.
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Alexander Van Gorden has joined the broker from Guidewire Software.
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The partnership aims improve infectious disease risk transfer and mitigation.
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Staff on the scheme will be paid 25% on closing, with the rest paid 12 or 18 months later.
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The combination secures support from major proxy advisers two weeks ahead of shareholder votes.
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Response also rebuffs complaints over Goldman Sachs conflict disclosures.
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The investment bank will sell P&C insurance policies alongside existing life and protection products.
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The broker believes it will be able to proceed with the deal without having to divest any businesses.
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