Specialty
Willis Towers Watson Chooses Hess as Its Next Leader
Insurance broker Willis Towers Watson chose Carl Hess as the company's new president and next chief executive officer. Hess, who currently serves as Willis Towers Watson's head of Investment, Risk ...
Boy Scouts Ask Judge to Approve $850M Bankruptcy Plan Despite Insurer Opposition
An attorney for the Boy Scouts of America told a Delaware judge on Thursday that the group's national board never adopted a resolution approving an $850 million agreement that is the linchpin of the ...
Florida, Louisiana Stand Out as Super-High ‘Covicane’: PCS
A major hurricane that makes landfall in the southeastern United States will may also serve as a COVID-19 super-spreader that will slow recovery and increase costs, catastrophe modeler Property ...
Executives On The Move at CNA, Enstar and Marsh
CNA promoted one of its veteran executives to run its Middle Market business. Enstar appointed an acting CFO after its current one resigned to pursue other opportunities. Marsh hired two former ...
Natural Catastrophe Losses Reached $40B in H1 2021, Hovering Near Record: Swiss Re
Estimated insured losses from natural catastrophes reached $40 billion during the first half of 2021 — driven by a deep winter freeze, hailstorms and wildfires — while man-made disasters ...
Insurance Broker Gallagher Seals Deal to Acquire Willis Re
Insurance broker Arthur J Gallagher & Co said on Friday it had agreed to buy the treaty reinsurance brokerage business of Willis Towers Watson for an initial consideration of $3.25 billion. The ...
Executives On The Move at AXA XL and Willis Towers Watson
AXA XL appointed an executive to handle Political Risk and other business lines. Willis Towers Watson named a new Head of Broking for North America. *** AXA XL has appointed Dane Mahoney as Global ...
Argo Group Makes Four Executive Appointments as Part of Streamlining Effort
Specialty insurer Argo Group International Holdings, Ltd. has made a number of new executive appointments designed to help streamline its organizational structure. "These organizational changes will ...