WTW

Capacity withdrawals and major losses are leading to a firming market, the broker reports.

Natural catastrophes accounted for 2.6 percentage points of the average reported combined ratio of global reinsurers in the first half of the year.

Level of perceived risk drops across all classes of business in the absence of attacks to rival the scope of 2018’s NotPetya and WannaCry.

The executive joins a clutch of Willis alumni at the start-up broker.

Todd Jones has left to lead QBE North America.

The latest quarter was the second-lowest Q2 for issuance volume in the past eight years.

Vine will report to Jason Klevens and joins the intermediary’s Houston operation.

CFO Michael Burwell attributed strong reinsurance growth to resulting favourable market conditions.

Intermediaries appear caught between the competing pressures of results that speak to an improving market (good for their stocks) and a concern to manage market expectations to the benefit of clients.

After an almost two-year absence, Brad Livingston is rejoining the broker to focus on ILS business.

The executive is the latest senior broker to exit JLT's aerospace division following AJG’s acquisition of the business segment.

Finbow, Kindbom and Brown defect to Willis Towers Watson as the broker expands its Toronto-based financial institutions business.