UK broker Towergate has reported a £58 million loss in the first half of 2015, driven by financial restructuring costs and reduced operating earnings.
Last minute requirements being imposed in the run-up to the implementation of Solvency II are causing a great deal of concern for European insurers.
Broker Lockton has appointed Guilherme Perondi Neto as deputy chief executive officer (CEO) of its Brazilian subsidiary, Lockton Brazil.
Allianz Global Corporate & Specialty (AGCS), the corporate insurer of Allianz Group, has appointed Samson Rathaur as senior marine risk consultant.
Broker Integro has strengthened its entertainment practice with the acquisition of London-based managing general agent (MGA) Entertainment Risk Management (ERM).
(AJG) is set to receive a £20 million settlement over its legal dispute with David Ross, the former chief executive officer (CEO) of AJG International, and others.
Specialist European insurer ArgoGlobal has launched an underwriting platform aimed at offering directors and officers liability (D&O) products to the German small and medium-sized enterprises (SME) market.
Pricing in the reinsurance market could be approaching a new equilibrium, according to rating agency Fitch.
The $18 billion merger of broker Willis and professional services company Towers Watson has sparked a class action from a group of Towers Watson shareholders.
UK insurer RSA has informed the London Stock Exchange it has received a revised takeover offer from Swiss-based Zurich Insurance Group and indicated it may accept the bid.