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Commercial P&C prices mostly flat in Q4: Willis

Prices for US commercial lines coverage held firm in the final quarter of last year, according to Willis Towers Watson, which reported that rates were "nearly flat" compared with the same three months of 2015

Dan Ascher, 13 March 2017
Bishopsgate lands Ed’s Gordon Newman as exec chairman

Bishopsgate, the recently rebranded London market arm of broker Towergate, has appointed Gordon Newman as executive chairman with effect from 4 July.

Laura Board, 13 March 2017
Elliott relinquishes CEO role at Tysers

Tysers CEO Chris Elliott has stepped down with immediate effect, The Insurance Insider can reveal

Adam McNestrie, 13 March 2017
Travelers to acquire Simply Business for $490mn

Travelers has agreed to acquire UK SME insurance broker Simply Business for $490mn, the US insurance giant announced today

Charlie Thomas, 13 March 2017
Judge calls for Irish claims data law change

The chairman of Ireland's Personal Injuries Commission, Justice Nicholas Kearns, has said the country's data protection laws may need to be changed to bring it in line with the UK.

Matthew Neill, 13 March 2017
Global P&C premiums grew 4% in 2016: Allianz

Global P&C insurance premiums rose an estimated 4 percent last year as the market grew at the slowest rate since 2010, according to Allianz.

Matthew Neill, 13 March 2017
Patriot National may have botched sale chance: JMP

Insurance industry service provider Patriot National may have "squandered" an opportunity to sell itself for more than $475mn and now appears to be bonding more closely with an insurance carrier owned by CEO Steven Mariano

Ted Bunker, 13 March 2017
IGI full-year 2016 profits slip

Dubai-based carrier International General Insurance Holdings (IGI) reported an 8.3 percent drop in net profits for full-year 2016, amid a decline in underwriting income.

Laura Board, 13 March 2017
Opinion: M&A flow

In late 2015, this publication confidently predicted that the Florida market was set to become the scene of frantic M&A activity as the owners of several of the state's homeowners' insurers looked for liquidity through a sale or IPO

David Bull, 13 March 2017
Barbican hires energy class underwriter

London market carrier Barbican has hired Marc Sullivan as class underwriter for downstream energy from Starr Underwriting Agents.

Matthew Neill, 13 March 2017

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