One of Marsh's vice presidents has filed a legal complaint accusing the broker and her boss Paul Evans of destroying her career after subjecting her to a "pervasive atmosphere" of gender- and race-based hostility.
Swiss Re's head of US intermediated property business Dan McElvany has left the company to look after reinsurance buying for US insurance giant Farmers, The Insurance Insider can reveal.
Federated National surpassed the expectations of analysts to deliver second quarter net income of $4.9mn, a nearly fivefold increase from the $991,000 in the year-ago quarter.
Berkshire Hathaway’s record-breaking $34bn retroactive reinsurance deal with AIG has pushed the Warren Buffett-led firm’s underwriting group to a loss for the second quarter.
