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- June 28 2021
Aon wants August trial as US DoJ challenges WTW merger
Aon's lawyers tell the Antitrust Division a February 2022 trial is a "nonstarter".
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- June 22 2021
Aon/WTW falls foul of antitrust’s golden rule
US competition watchdogs will always be wary of any "Big Three" merger.
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- June 22 2021
China Re’s Hong Kong unit ‘strategic’ to wider group
AM Best upgrade comes after a US$258m capital injection from China Re Life.
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- June 18 2021
US DoJ files antitrust lawsuit to block Aon/WTW merger
Brokers say action reflects a "lack of understanding" of the market.
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- June 17 2021
FWD files IPO registration in US
Report suggests the Hong Kong-headquartered insurer could raise up to US$3bn by end of 2021.
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- June 17 2021
Axa’s €300m BI offer won’t fly down under
Australia is by far the most amenable jurisdiction to class actions in Asia.
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- June 10 2021
Insurtech wefox targets Asia’s ‘high expectations’: CEO says
CEO tells IAN the region is an "obvious" choice for growth.
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- June 7 2021
Ever Given compensation being reassessed by Egypt authority
The Suez Canal Authority has revised its initial US$900m demand.
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- May 28 2021
Covid weighs heavily on new Lloyd’s index
A new specialty (re)insurance benchmark shows the full impact of the pandemic.
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- May 27 2021
Ardonagh buys Ed parent Corant Global for US$500m
The group comprises global assets including Besso, Ed, Piiq Risk Partners and Epsilon Underwriting.
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- May 25 2021
Lawrence Cheng joins retro player Acacia Holdings
The former Peak Re exec started this week at the Bermuda-based retrocession start-up.
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- May 25 2021
Insurtech Profile: Supercede
Supercede co-founders Ben Rose and Jerad Leigh are focused on making reinsurance easier to buy.
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- May 21 2021
Why Buffett is betting big on broking
Berkshire Hathaway has wagered US$1.5bn on Aon and Marsh as it pursues a post-pandemic payoff.
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- May 14 2021
Prudential sees new Q1 business profits rise 21%
The increase comes despite lower sales in Hong Kong and the impact of pandemic-related disruptions.
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- May 13 2021
Gallagher agrees deal for Willis Re
The agreement excludes reinsurance assets in Hong Kong and China and helps Aon's purchase of WTW.
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- May 12 2021
Sedgwick Asia director to join Charles Taylor: sources
Stephen Hope is set to join the adjuster's onshore energy and mining division.
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- May 12 2021
Prudential Financial’s Japan unit blunted Covid-19 impact: Fitch
After several sales of Asian assets in the last 18 months, Japan is set to grow in importance.
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- May 11 2021
Aon/WTW: Gallagher in talks to buy US$3bn of assets — report
Chicago-headquartered global broker is looking at several European units and Willis Re.
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- May 10 2021
Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
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- May 7 2021
QBE appoints Malaysia CEO and reveals strong Q1 2021 rate rises
Sunther Kuppan's interim role confirmed as chairman Mike Wilkins reports GWP up 28%.