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Willis names Mulligan as Global Head of Risk Engineering

Insurance broker Willis, a WTW business, has announced the appointment of Chris Mulligan as Global Head of Risk Engineering, effective from 1 January 2027. With over 17 tears at Willis across client-facing and leadership positions within risk engineering, Mulligan has been instrumental in advancing technical capabilities and fostering cross-regional collaboration. In his new position, he…

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AI gains ground among London insurance brokers despite growing workforce concerns: Burns & Wilcox

Insurance brokers in London are showing strong support for artificial intelligence (AI) and digital innovation, even as the sector faces mounting pressure to address an ageing workforce, changing recruitment requirements and increasing client expectations, according to research published by Burns & Wilcox Global Solutions, a specialist wholesale insurance broker operating within the H.W. Kaufman Group….

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Willis Re appoints Kyung Won to senior Asia Pacific leadership role

Willis Re, a global reinsurance broking and advisory business, has announced the appointment of Kyung Won to a senior leadership role in Asia Pacific, as the company looks to expand its regional operations and strengthen its business development capabilities. Kyung will be responsible for driving business growth across Asia Pacific and providing strategic oversight as…

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IUAI to strengthen industry knowledge and expertise with Reinsurance and Data Study Group

The International Union of Aerospace Insurers (IUAI) has announced the formation of a new Reinsurance and Data Study Group (RDSG), broadening its technical scope. The new initiative brings together specialists from across the industry to develop aviation-related statistics, strengthen market understanding and share reinsurance expertise with its global membership. This initiative expands the Union’s technical…

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Weather disaster losses account for higher share of national income in 13 countries, Munich Re finds

Munich Re research published to coincide with COP 31 in Türkiye has found that weather-related disaster losses accounted for a higher average share of national income in 13 of the 20 countries studied over the past decade than in the first decade of the analysis. The global reinsurer compared losses from weather-related disasters, including floods,…

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AM Best identifies signs of recovery in US commercial motor insurance market

AM Best, an international credit rating agency specialising in the insurance sector, has identified improving underwriting results in the US commercial motor insurance market, following several years of sustained financial pressure. In its latest Best’s Market Segment Report, the agency highlights a reduction in annual underwriting losses and further improvements during the first half of…

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