Former AJ Gallagher International CEO David Ross has denied allegations that he diverted the sale of Towergate away from AJ Gallagher to Highbridge, according to a defence document lodged with the UK High Court.
Prudential Regulation Authority (PRA) CEO Andrew Bailey has said insurers in the UK require more time to comply fully with the new Solvency II capital rules, as the January 2016 deadline approaches.
Fitch has today (14 May) launched a tool that provides a visual summary of an insurer's key strengths and weaknesses, in a bid to enhance the transparency of its insurer financial strength (IFS) ratings.
Mitsui Sumitomo Insurance Group (MSIG) at Lloyd's has promoted Andrew Dougall to head of property and casualty and appointed Martin Eyres as property underwriting manager, the firm said today (14 May)
UK state-backed terrorism mutual Pool Re has launched a scheme offering a reduction in premiums of up to 2.5 percent for insureds taking part in a government counter-terrorism scheme.