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Lloyd’s entry is a modest start for the London heavyweight but could be the beginning of something bigger. -
Aviation premiums have been described as “woefully inadequate” considering rising liability losses.
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WTW’s ownership of Miller may offer a cautionary tale for the US retail-London wholesale group structure.
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Heritage and history matter in people businesses, and the storied brand carries real equity.
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It has been a “good” bad renewal for cat reinsurers, with attachments likely to endure in the medium term.
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The CEO’s accelerated exit could cost momentum, and shortens Tiernan’s odds of succeeding.
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The strong deal multiple underscores the view of London as a “gateway to the world” for brokers.
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Rates are turning negative, and the balance of power is shifting towards the brokers.
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The business will test the market from a position of strength after impressive early profits and robust growth.
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Surging capacity suggests broker facilities are now refined enough to be a long-term feature.
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The broker’s US retail foray will throw the cards in the air. Where might they land?
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Greco will likely remain in place in the medium-term, which could mean major M&A and a Lloyd’s platform.
