Insurance brokers Aon plc, Guy Carpenter and WTW announced they each have completed previously announced mergers and acquisitions. Aon’s acquisition of Griffiths & Armour, which was first announced in November 2024, officially completed on Jan. 1, 2025. Aon said the deal supports its strategy to expand its regional presence in the UK and Ireland. Griffiths … Read more
Reinsurance broker Guy Carpenter has begun a research project into the use of reciprocal exchanges for delivering parametric catastrophe insurance solutions, to identify whether the structure is a viable one for community-based coverage initiatives.The brokers’ Parametric Advisory and Public Sector teams will explore the use of parametric insurance solutions to help protect communities across California … Read more
New sponsors ought to proceed to come back to the disaster bond and insurance-linked securities (ILS) market by the rest of 2024 and into 2025, whereas inflows of different capital are anticipated to proceed, in response to Man Carpenter’s CEO of EMEA and World Capital Options, Laurent Rousseau.Talking this afternoon throughout a Man Carpenter briefing … Read more
