Willis Group Holdings plc’s chief executive officer, who is taking a lesser role under the insurance broker’s planned merger with Towers Watson & Co., has opted against taking some compensation that he was entitled to get. “Dominic Casserley will not receive a …
The article Willis CEO, Casserley, Opts Against Taking Severance Pay in Towers Watson Deal appeared first on Insurance Journal.
Hyperion Insurance Group, the London-based insurance and reinsurance intermediary group, has announced that Oliver Corbett will join the group as CFO. Corbett, currently interim CFO at Towergate, will take up the role in August, subject to regulatory approval. After seven …
The article Corbett to Join Hyperion Insurance Group as Group CFO appeared first on Insurance Journal.
Second of two articles In the first article in this series, Paula Jarzabkowski, professor of Strategic Management at Cass Business School, City University London, discussed the findings of her book on the reinsurance industry, which show that the market is …
The article ART Products Are Changing Reinsurance Industry Norms: ‘Acts of God’ Author appeared first on Insurance Journal.
The loss of at least 150 lives in the crash of an Indonesian cargo plane raises fresh questions about the military’s reliance on old aircraft and on spending that has prioritized the army over the air force. The 51-year-old Lockheed …
The article Indonesia Military Plane Crash Puts Focus on Aging Aircraft appeared first on Insurance Journal.
UK-based Castel Underwriting Agencies, the club-style MGA formation platform, has appointed James Nugent as its first chief underwriting officer. He joins Castel from Amlin where he was head of underwriting performance and responsible for underwriting performance, governance and quality assurance. …
The article Castel Appoints Nugent Chief Underwriting Officer to Prepare new MGA Cells appeared first on Insurance Journal.
Catalina Holdings (Bermuda) Ltd. announced that “following receipt of approvals from the Central Bank of Ireland and from the High Court of Ireland, it completed the portfolio transfer of UK and EU insurance liabilities in run-off from Quinn Insurance Limited …
The article Catalina Completes Portfolio Transfer of Quinn Insurance Legacy Liabilities appeared first on Insurance Journal.
The world’s top banks and insurers are being forced to review their business models amid rapid inroads by nimble “fintech” start-ups, which are reshaping what consumers and businesses expect out of financial services, a report out Tuesday said. The report …
The article World Economic Forum Sees Finance/Insurance Industry in Digital Firing-Line appeared first on Insurance Journal.
