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Gallagher posts growing profit as company expands

By: Donna Mahoney

Published April 29, 2016 - 1:53pm CST

Arthur J. Gallagher's total revenues for the first-quarter of 2016 increased 5.6% to $1.3 billion over 2015.

Aon profit dips on foreign exchange in first quarter

By: Mark A. Hofmann

Published April 29, 2016 - 12:12pm CST

Aon's first quarter 2016 revenues dropped 1.9% year over year to $2.79 billion, the company announced Friday.

Marsh & McLennan boosts first-quarter revenue, but net income flat

By: Mark A. Hofmann

Published April 28, 2016 - 11:31am CST

Marsh & McLennan's revenue for the first quarter of 2016 rose 3.8% year over year to $3.34 billion.

Ironshore unit offers production contamination recall coverage

By: Joyce Famakinwa

Published April 27, 2016 - 2:54pm CST

Ironshore Inc.’s Pembroke Managing Agency Ltd. said it will offer product contamination recall insurance.

Guy Carpenter Bermuda resets management team

By: Joyce Famakinwa

Published April 26, 2016 - 9:41am CST

Guy Carpenter & Co. L.L.C. has named Peter Stubbings to succeed Tony Fox as CEO of the firm's Bermuda operations.

Jardine Lloyd Thompson strengthens U.S. presence, sees good start to 2016

By: Sarah Veysey

Published April 26, 2016 - 9:33am CST

The company says the build-out of its U.S. specialty business “continued to gain strength” despite downward rating pressure.

Ryan Specialty hires former AIG specialty marine execs

By: Joyce Famakinwa

Published April 25, 2016 - 2:11pm CST

Two former AIG marine specialists have taken the lead at Ryan Specialty's new specialty marine underwriting manager, Safe Waters.

Reinsurance capital from traditional sources drops in 2015

By: Rob Lenihan

Published April 22, 2016 - 9:25am CST

Traditional capital dedicated to reinsurance dropped 3.5% from the previous year to $357 billion in 2015, Willis Re said Friday.

Capital and reinsurance adviser sets lofty goals with latest hire

By: Mark A. Hofmann

Published April 19, 2016 - 8:29am CST

TigerRisk Partners' hiring of Philipp Kusche from Swiss Re is part of its strategy to become a leading market adviser.

Reinsurance broker hires marine and energy executives from JLT Re

By: Joyce Famakinwa

Published April 18, 2016 - 11:59am CST

Capsicum Reinsurance Brokers L.L.P. said on Monday that it has named former JLT Re executives Alistair Lockhart-Smith and Jerry Reeves as managing partner and partner, respectively, in its marine and energy business.

Reinsurance broker snags ILS exec from Swiss Re Capital

By: Mark A. Hofmann

Published April 18, 2016 - 11:06am CST

Philipp Kusche has joined TigerRisk Partners L.L.C. as partner and global head of insurance-linked securities and capital solutions.

Lloyd's of London broker names new CEO

By: Sarah Veysey

Published April 18, 2016 - 9:04am CST

Steve Hearn, CEO of Cooper Gay Swett & Crawford Ltd., will become CEO of the brokerage's Lloyd's of London broker CGNMB L.L.P. when Gordon Newman retires from that role Wednesday, the brokerage announced Monday.

Lockton opens Morocco office in Casablanca

By: Joyce Famakinwa

Published April 13, 2016 - 4:22pm CST

Lockton Cos. L.L.C. said on Wednesday that it has opened a Casablanca, Morocco-based office.

Insurance industry addresses challenges

By: Sarah Veysey

Published April 12, 2016 - 9:02pm CST

Talent retention, diversity efforts and providing true value are at the top of the list.

Firms try different techniques to woo millennial workers

By: Gloria Gonzalez

Published April 12, 2016 - 8:59pm CST

Using the right recruitment channels and providing desired mentorship among the lures for young employees.

Insurance industry transforms to tackle new risk environment

By: Judy Greenwald

Published April 12, 2016 - 8:52pm CST

Consolidation, new capital sources and the ever-changing world of cyber threats are among the drivers.

Latest Gallagher purchase adds retail broker with construction expertise

By: Rob Lenihan

Published April 12, 2016 - 12:23pm CST

The company sees Waite Park, Minnesota-based Charles Allen Agency complementing Gallagher's Midwest business.

A single broker, many insurers a recipe for peak performance

By: Mark A. Hofmann

Published April 10, 2016 - 12:01am CST

Partnership is key to Shari Natovitz's approach to risk management.

JLT to cough up millions in Willis poaching lawsuit

By: Mark A. Hofmann

Published April 08, 2016 - 12:48pm CST

Jardine Lloyd Thompson Group P.L.C. will pay about $31.3 million to settle claims that it poached employees from Willis Towers Watson P.L.C.

Broker USI acquires Indiana agency

By: Joyce Famakinwa

Published April 04, 2016 - 3:36pm CST

USI Insurance Services L.L.C. said on Monday it has acquired Forrest Sherer Insurance Inc. from First Financial Corp.

Lockton names chief operating officer for Pacific

By: Donna Mahoney

Published April 04, 2016 - 2:38pm CST

Gary Petrosino to replace Lenny Fodemski, who is taking a new role in Lockton's holding company.

Aon promotes veteran Bryon Ehrhart to global growth post

By: Judy Greenwald

Published March 30, 2016 - 12:14pm CST

Aon P.L.C. has promoted Bryon Ehrhart, previously Chicago-based CEO of Aon Benfield Americas, to a new global post that is intended to boost the insurance brokerage's growth.

Cyber risks dominate discussions at RMS 2016

Published March 27, 2016 - 12:01am CST

Our latest video highlights the Business Insurance Risk Management Summit, a two-day networking conference for risk and benefit managers.

Organic growth, M&A activity drive broker results

By: Donna Mahoney

Published March 27, 2016 - 12:01am CST

The five largest publicly traded insurance brokers posted a collective single-digit increase in 2015 revenue thanks to modest organic growth and expense reductions as mergers affected their ranks.

Adjusters seek to cut red tape

By: Mark A. Hofmann

Published March 27, 2016 - 12:01am CST

Independent claims adjusters want to be treated the same way as insurance agents and brokers when it comes to the issue of nonresident state licensing. The independents say they face many of the same problems agents and brokers with interstate business faced before legislation was enacted to establish the National Association of Registered Agents and Brokers.

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