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  • Global insurer Zurich has lost the management team for its global corporate business segment in the Middle East, as it waits for the arrival of new group CEO Mario Greco from Generali, The Insurance Insider has learned.
  • Cathedral active underwriter John Hamblin has been named as the latest senior executive to leave the Lancashire Holdings-owned Lloyd's insurer
  • Nicola Maguire has been announced as the British Insurance Brokers Association (BIBA)'s new head of commercial
  • UK broker consolidator PIB Insurance Brokers (PIB) has acquired independent commercial broker Cooke & Mason subject to regulatory approval, the company announced today (25 February)
  • National insurers listed on the Abu Dhabi Securities Exchange and Dubai Financial Market (DFM) have suffered severe profit losses in 2015, according to AM Best
  • Industry outsourcer and consultancy Pro Global Insurance Solutions (Pro) has announced that it has signed a multi-year contract with a leading global reinsurer and a major UK insurer to provide long-tail claims management services related to UK liability
  • Underlying earnings after tax at Axa's P&C operations fell 1 percent to EUR2.2bn in 2015, as a lower investment profit was offset by an improved technical result
  • UK trade body the Managing General Agents Association (MGAA) has announced the election of two new directors to its board at its general meeting yesterday (24 February)
  • RSA shares were up almost 8 percent in early trading this morning (25 February) after the UK insurer's full-year operating profits grew 43 percent to £523mn ($728mn), beating the analyst consensus of £481mn
  • Floridian Universal Insurance saw net income jump by almost 40 percent in the final quarter of last year, to what it described as a record level.