The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin this week at a conference in London sponsored by Insurance Day. Catlin …
Chicago-based insurance holding company Ryan Specialty Group, LLC (RSG) has agreed to acquire specialist Lloyd’s insurer Jubilee Group Holdings Limited. Jubilee Group Holdings owns Jubilee Managing Agency Limited and the distribution and administration businesses Lutine Assurance Services Ltd., Jubilee Service …
A new study from financial market research consultants Finaccord forecasts that the market for professional indemnity insurance across ten European countries – Belgium, France, Germany, Italy, Netherlands, Poland, Spain, Sweden, Switzerland and the UK – will be worth around €7 …
Aon announced that it has selected The Leadenhall Building as its future London headquarters. The office tower is currently under construction, directly across Leadenhall Street from Lloyd’s. When completed it will be 224 meters (just under 700 feet) tall. The …
Aon announced that it has officially opened its new Manchester UK office with a “celebration attended by clients, insurers, partners and players and staff from its sponsor partners Manchester United [the City’s football (soccer) team that is practically assured of …
Economic risk is the greatest threat today’s business leaders face, followed by legislative and regulatory changes and increased competition. Business leaders across the globe also emphasized the need to innovate, mitigate technology failure and manage talent to compete in the …
Aon Risk Solutions has appointed Christopher Baudouin as chief executive officer of the Aon Global Client Network. Most recently, Baudouin served in a dual capacity as president and CEO of Aon Risk Solutions Mexico and chief operating officer of Aon …
Aon Risk Solutions, the global risk management business of Aon Corp., in the UK, has been appointed the global insurance broker for the McLaren Group. It will be responsible for both the Group’s Formula 1 team, Vodafone McLaren Mercedes, and …
Reinsurance rates may be edging higher only now, but the companies’ shares could still surge amid investor hopes that disasters, including Japan’s earthquake, will result in much higher rates in the future. Going into 2011, brokers and analysts estimated it …
According to Aon Risk Solutions, recently released “Airline Insurance Market Outlook, 2011,” the Aon airline industry has “started to recover since the darkest days of the financial crisis, with rising passenger numbers and fleet investments resulting in insurance premium rising …
