Brokers
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New head of financial lines in Asia for Miller
William Seccombe has been appointed to lead Miller’s financial lines business in Asia. Miller said he will focus on building out…
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Verlingue rebrands London market unit for growth
Lloyd’s and London market broker NBJ London Markets has been rebranded as Verlingue London Markets as it also takes on…
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Contacto acquisition sees Howden enter Peruvian insurance market
Howden has entered the Peruvian insurance market with the acquisition of Contacto Corredores de Seguros, a leading insurance broker in…
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MMC names US and Canada commercial officer
Marsh & McLennan Companies has named Susan Potter as US and Canada commercial officer, effective immediately. Based in Washington, she…
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Aon combines UK and EMEA operations under Julie Page
Aon is combining its UK and EMEA regions in one operating unit under the leadership of CEO Julie Page. Page…
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Double-digit property rate rises in US continue but cyber pricing falls
Property pricing in the US continues to see double-digit increases, but has moderated in the third quarter of 2023, according…
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Aviation war rates to rise significantly as tensions mount in Gaza
Commercial airlines can expect ongoing rate hikes of 40% and higher for aviation war coverage at upcoming renewals as the…
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Ardonagh adds Swiss broker Assepro to European growth plan
Broker the Ardonagh Group is to buy Swiss broker Assepro as it seeks to further build out its European growth.…
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Aon hires Alpaugh from Marsh as North America leader
Aon has hired Jeff Alpaugh from rival Marsh & McLennan to be president of the brokerage’s North America operations. Boston-based…
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Aon sets out restructuring programme and 7% increase in core numbers
Aon’s revenue increased 7% in the first nine months of this year to $10bn, with net income also rising 7%…
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Gallagher announces changes at the top amid strong results
Arthur J. Gallagher saw its nine-month revenue and earnings increase by around a fifth in the first nine months of…
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WTW posts higher revenue and mulls return to reinsurance
WTW has posted higher third-quarter and nine-month revenue, as its executives said that a move back into the reinsurance broking…
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Aon names Barnes claims head of global broking centre and UK
Aon has appointed Mona Barnes as chief claims officer for its global broking centre and the UK. She will join…
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Aon says oversupply of capacity could help soften European market next year
Aon has told Commercial Risk that it believes insurers chasing growth targets and new carriers entering the market could well…
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De Lucia takes charge of Kessler’s industry and life sciences business
Angelo De Lucia has been appointed head of industry and life sciences at leading independent Swiss broker Kessler. He succeeds…
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Marsh to launch global cyber practice
Marsh has announced the launch of a new Marsh Specialty global cyber practice that integrates all of the broker’s cyber…
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Thurston replaces King as CEO of Marsh’s large UK client business
Marsh has promoted Beth Thurston to CEO of its UK risk management unit, which focuses on the largest and most…
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Howden grows in Luxembourg with two acquisitions
Howden has established a retail presence in Luxembourg with the acquisition of the portfolio of United Brokers, and has also…
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South Africa facing ‘momentous shift in risk landscape’
Corporate and commercial entities in South Africa have been negatively impacted by emerging risks in the past three years, according to…
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Marsh McLennan on track for ‘terrific’ year after 10% revenue boost in Q3
Marsh McLennan has reported a 10% increase in revenue for the first nine months of 2023 to $17.2bn, while net…