Haley to stay at Willis until 2021Willis Towers Watson has extended the contract of its chief exec John Haley who will now stay on until 1 January 2021.
Miller taps Curtin to lead energy constructionMiller has taken advantage of the swathe of redundancies at Marsh by hiring its larger rival’s former head of energy construction business Ian Curtin.
Borges named THB Europe boss as Lindeboom retiresAmWins-owned broking house THB has named Ricardo Borges managing director of its European operations amid a restructuring of the leadership team in Amsterdam.
JLT Re swoops on Guy Carp for North America head of credit and suretyJLT Re has appointed Scott MacColl as head of credit and surety for North America.
JLT Re questions credibility of risk modellersJLT Re has reiterated its scepticism of risk modelling firms and questioned the reliability of modelling tools in the wake of natural catastrophes.
Endeavour taps Howden's international director as CEOEndeavour has hired Karen Allen from Howden to take over as CEO of the broking house as it merges with marine broker SSL.
R-T Specialty’s ProExec hires LeggePat Ryan-owned wholesale broker R-T Specialty has hired Vanbridge co-founder Jonathan Legge to lead its transactional liability and private equity practices under the RT ProExec brand.
US cyber loss ratio shrinks in 2017 despite $275mn Merck lossDespite 2017 witnessing the industry’s largest ever insured cyber loss at $275mn, it was a banner year for US cyber underwriters with a combined ratio of only 61.4 percent and aggregate premiums climbing to at least $1.84bn.
Marsh puts circa 60 staff on notice in latest round of job cutsMarsh is telling around 60 London and international staff that they will be losing their jobs in another round of redundancies at the broking powerhouse, re-Insurance.com can reveal.
Price Forbes bolsters power team with trio of hiresWholesaler Price Forbes has grown its power, utilities and nuclear team with a trio of hires including former Marsh managing director Simon Howell, re-Insurance.com understands.
Senior Marsh execs Batchelor and Cooke set to departMarsh’s vice chairman David Batchelor is set to step down at the end of the year, shortly before the broker’s vice chairman of global placement Jeremy Cooke, re-Insurance.com understands.
Madison Dearborn continues broker buying spreePrivate equity house and part-owner of the UK’s Ardonagh group Madison Dearborn Partners (MDP) has splashed out on brokers on either side of the Atlantic.
Aon launches facilities business unitAon has created a new business unit - global portfolio broking– as it looks to grow its facilities business.
Ed bolsters Dubai hub with senior Saudi Re hireLondon-headquartered wholesaler Ed has hired Souvik Goswami to lead its treaty business in the Middle East.
Haley ready for more deals now the Willis-Towers Watson merger is doneWillis Towers Watson is now in a position to do more deals, the firm’s boss has told the Financial Times almost three years to the day since the $18bn merger of Willis and Towers Watson was announced.
BMS tells its LatAm brokers to keep client savings as a ‘professional fee’The CEO of broker BMS has told his staff in Latin America to hold on to savings they achieve for their clients and book the revenue as a “professional fee”, an internal memo obtained by re-Insurance.com reveals.
Chilton confirms return to Capsicum ReGrahame “Chily” Chilton has confirmed he will shortly return to Capsicum Re, the London-headquartered reinsurance intermediary that he founded in 2013.
Ardonagh names CFO Mugge’s replacementDiane Cougill has been named chief financial officer at UK broker Ardonagh Group three months after Mark Mugge stepped down suddenly.
Aon snares head of UK claims from MarshAon has appointed Richard Moxon head of claims for its UK business.
Liiba makes two appointments to committeeLiiba has named Sarah Pepiatt and Steve Williams chairs of the broker association.