Aviation
Beazley revamps underwriting team structure
Cyber risks to become a standalone division as part of the changes.
WTW follows Aon and Marsh McLennan and withdraws from Russia
Ownership of Russian businesses will be transferred to local management as broker expresses dismay at the conflict.
Aon suspends Russian operations
Staff in Russia have been put on paid leave by the broker as the attack on Ukraine escalates.
Marsh McLennan to exit Russia
Businesses to be transferred to local management who will operate independently.
Government sets 28 March deadline for Russian aviation insurance ban
The UK government revealed the insurance sanctions on 3 March in response to the invasion of Ukraine by Russia.
Lloyd’s open for growth but demanding sustainable performance
Market leader stresses remediation is not a ‘once and done’ exercise as focus increases on catastrophe risks.
UK brings in sanctions blocking Russian access to aviation insurance
AM Best put ratings of suite of Russian insurers and reinsurers on negative watch at the start of the month.
Clear Group buys H R Jennings & Co
The South Croydon-based broker was established in 1922 and specialises in aviation and small craft insurance.
ERS gains approval for expansion into new business lines
The provider's Syndicate 1856 is moving into business classes including D&F property, marine and energy liability, political risk, terror and war, cargo and specie and professional lines, following $350m capital injection.
Marsh takes from Gallagher for aviation lead
The broker has made a series of appointments in its aviation division as Mark Walters comes in as MD.
MS Amlin sets date for UK property and casualty exit
Provider previously announced its decision to withdraw from the market in September 2019.
2019 in review: October's top stories
Readers were most interested by the decision of MS Amlin to exit nine lines of business following a strategy review.
MS Amlin restructures and reveals leadership changes
Move follows on from its decision to pull out of nine business lines and sees CEO Beale and chief underwriter Illingworth step down from their current roles.
Pioneer confirms Lloyd’s syndicate run-off
Syndicate 1980 already had its 2020 business plan approved by Lloyd’s as Pioneer says it is in talks about fresh investment in its underwriting operation.
News analysis: Broker and MGA concerns mount over MS Amlin pull-out
Provider’s announcement that it is exiting nine lines of business could have serious knock-on effects for the market, reports Sam Barrett
MS Amlin confirms exit from aviation market
Provider announced its decision to exit nine lines of business last month.
Brokers warn redundancies at MS Amlin are “inevitable”
Experts say the restructure is understandable but could lead to office closures as Amlin pulls out of nine business lines.
MS Amlin to exit nine business lines
Updated: It is too early to determine if the plan will result in redundancies or regional office closures as business seeks to redeploy capital and management focus.
Gallagher completes acquisition of JLT’s aerospace operations
Purchase will mean JLT's 250-person global aerospace team will be transferred to Gallagher.
Gallagher buys JLT’s aerospace operations in £190m deal
The global deal affects the UK with 100 London Market employees joining Gallagher.
Nexus Group buys Hiscox Global Flying
It is the MGA's fourth deal this year.
Quizzical questions: 2 November 2018
Test your knowledge of the week's news with our topical quiz.
Covered launches on-demand aviation product
Business will wholesale product from next January.
Broking Break: Your Top 5
A recap of the stories that grabbed your attention this week featuring an exclusive story that took broking into the national press, Towergate, the aviation probe, and Aviva’s tech future.