Arch, CNA and Chubb are facing a legal dispute over a $30mn directors' and officers' claim after they allegedly denied coverage in a class action dispute despite actively participating in the mediation and consenting to the settlement offer.
Italian insurer Generali's share price fell by almost a fifth last month as investors responded to rumours that its CEO was set to depart for rival Zurich.
The chairman of international broker Arthur J Gallagher's wholesale business, Dave McGurn is set to step aside, the intermediary announced yesterday (1 February).