Broking

Vote for the Reactions Global Awards 2013

Wed, 15 May 2013 00:00:00 GMT

Have your say on the the best insurance, reinsurance, broking and service provider firms for the Reactions Global Awards 2013. The winners will be anounced at our awards dinner in New York on September 25.

RMS(one) unveiled as future of cat modelling

Wed, 08 May 2013 00:00:00 GMT

RMS reveals RMS(one), which will allow insurance and reinsurance companies to manage all their risk models, exposures and analytics on a single platform. Partners for the platform include ERN, JBA, Risk Frontiers and Aon Benfield’s ReMetrica.

Reinsurers to follow Berkshire's lead: Ryan

Tue, 07 May 2013 00:00:00 GMT

Pat Ryan says Berkshire Hathaway’s deal for the Aon Lloyd’s business and move into the excess and surplus lines market, coupled with increased convergence between reinsurance and capital markets, make this year one of the most eventful in his career.

Moody's goes positive on Aon and MMC

Fri, 03 May 2013 00:00:00 GMT

Insurance brokerages Aon and Marsh & McLennan Companies have ratings put on positive outlook on improved financial leverage.

Latin America Awards nominees revealed

Thu, 02 May 2013 00:00:00 GMT

Nominees unveiled for the Reactions Latin America Awards 2013, highlighting the best insurance, reinsurance, brokerage and service provider firms. They will be announced at the 2nd Annual Latin American (Re)insurance Forum in Miami on May 22.

Gallagher in “game changing” Barbon deal

Wed, 01 May 2013 00:00:00 GMT

Broker Arthur J Gallagher has acquired Barbon insurance group’s commercial and property business in a “game changing deal for the UK retail market”.

Comment: London market making moves

Tue, 30 Apr 2013 00:00:00 GMT

The rush of London market insurance, reinsurance and broking companies looking for new office space in London is a sign that the market is the lifeblood of the city’s financial services industry at the moment, says Reactions’ editor Michael Loney.

Guy Carpenter appoints Securities director

Mon, 29 Apr 2013 00:00:00 GMT

Reinsurance broker Guy Carpenter has appointed a new managing director for its securities arm with immediate effect.

Willis names Plumeri successor as chairman

Mon, 29 Apr 2013 00:00:00 GMT

Willis announces that Jim McCann will replace Joe Plumeri as the broking group's chairman, effective July 8 2013.

Willis delays Gras Savoye ownership

Wed, 17 Apr 2013 00:00:00 GMT

Willis has been given a year extension before it has to decide whether it will acquire Gras Savoye, allowing management time to restructure.

Cooper Gay in $500m financing deal

Tue, 16 Apr 2013 00:00:00 GMT

Cooper Gay Swett & Crawford has completed a $500m financing exercise from US based investors.

Nominees out for Reactions London Awards

Tue, 16 Apr 2013 00:00:00 GMT

The list of nominees is now out for the Reactions London Market Awards 2013, set for June 26.

Willis Re: mutuals best reinsurance cedants

Mon, 15 Apr 2013 00:00:00 GMT

Mutual insurers are increasingly the preferred clients for traditional reinsurers, according to a report from broker Willis Re, as they cannot access alternative reinsurance capital to the same extent as other insurers.

BrokersLink launches employee benefit group

Thu, 11 Apr 2013 00:00:00 GMT

BrokersLink is launching an employee benefits group to help members improve their employee benefit capabilities.

RFIB Holdings appoints director and chairman

Tue, 09 Apr 2013 00:00:00 GMT

Mark Winlow will become a non-executive director of RFIB Holdings and chairman of its Lloyd’s brokerage arm.

Aon signs new Manchester United deal

Mon, 08 Apr 2013 00:00:00 GMT

Aon and Manchester United have announced a new deal to extend their relationship to 2021, with Manchester United’s Carrington training ground being renamed the Aon Training Complex.

Cooper Gay buys rest of Chile operations

Mon, 08 Apr 2013 00:00:00 GMT

The global insurance and reinsurance broker has purchased the remainder of its Chilean business from a Security Financial Services Group subsidiary.

Willis acquires Prime Professions

Tue, 02 Apr 2013 00:00:00 GMT

Willis Group Holdings has acquired Prime Professions, enhancing its offering in the executive risk market.

Lloyd’s Cycling Club in charity ride to Paris

Mon, 01 Apr 2013 00:00:00 GMT

London market stalwart Clive O’Connell and other members of the Lloyd’s Cycling Club will undertake a gruelling 24-hour ride to Paris from Lloyd’s on April 6 for the Action for A-T charity.

Ted Blanch Interview: The more things change

Thu, 28 Mar 2013 00:00:00 GMT

With more than 50 years’ of reinsurance broking experience behind him, Ted Blanch takes an old school view of the reinsurance broking market.

Broking trends: the Brat Pack

Tue, 26 Mar 2013 00:00:00 GMT

Feature: Light-hearted talk of reinsurance brokers as “broctuaries” (broking actuaries), or even “brats” (broking cat modellers) disguises a more profound evolution in the role of the intermediary in response to clients’ shifting buying strategies.

The broker’s view of the market

Tue, 26 Mar 2013 00:00:00 GMT

Feature: Reinsurers posted bumper profits at the end of 2012, as well as finding firm rates at which to renew a lot of their business at 1/1. Reactions finds out what brokers think about this, as well as the issue of growing retentions as the insurance industry relies less on traditional reinsurance.

Analysis: Insurers' embrace of social media

Mon, 25 Mar 2013 00:00:00 GMT

A big shift is occurring in the insurance and reinsurance industry's approach to social media such as LinkedIn, MySlipcase, Facebook and Twitter, with firms such as Willis, Kiln and Lloyd's jumping to be seen as industry innovators.

New York lowest employment risk city - Aon

Mon, 25 Mar 2013 00:00:00 GMT

New York, Singapore, Toronto, London and Montreal are the five lowest cities for a company to employ staff according to Aon Hewitt’s People Risk Index.

Aon explains Lloyd’s deal with Berkshire Hathaway

Wed, 20 Mar 2013 00:00:00 GMT

Eric Andersen, chief executive officer of Aon Risk Solutions America, explains that bringing in Berkshire Hathaway’s capital to its Lloyd’s business can help ease concerns about smaller players.

Ex-Bowring Marsh CEO joins Nelson Levine

Wed, 20 Mar 2013 00:00:00 GMT

Nicholas Bacon of Bowring Marsh joins insurance law firm Nelson Levine de Luca & Hamilton.

Euromoney acquires Insider Publishing Limited

Tue, 19 Mar 2013 00:00:00 GMT

Euromoney Institutional Investor PLC, publisher of Reactions, today announced that it is expanding its insurance and reinsurance business with the acquisition of Insider Publishing Limited.

Ferma fights for buyers' disclosure rights

Tue, 19 Mar 2013 00:00:00 GMT

All insurance buyers should have a right to a minimum disclosure Ferma has argued, contradicting the European Parliaments draft proposals.

Steve White appointed CEO of Biba

Tue, 19 Mar 2013 00:00:00 GMT

The head of compliance and training at the British Insurance Brokers’ Association is to become the association’s CEO on May 1.

Aon and Berkshire Hathaway in “landmark” deal

Wed, 13 Mar 2013 00:00:00 GMT

Aon heralds its insurance sidecar utilising Berkshire Hathaway capacity as “first of its kind” for the industry and will be available to all industry divisions.