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Fosun completes acquisition of Ironshore

Chinese conglomerate Fosun International has completed its acquisition of the remaining 80 percent stake in Bermudian insurer Ironshore, it announced today (23 November).

Catrin Shi, 23 November 2015
Towergate makes £18.7mn loss in Q3

UK broker aggregator Towergate has unveiled a £18.7mn pre-tax loss in its interim statement for the third quarter of the year, as its turnaround project continues

Charlie Thomas, 23 November 2015
Arcus Syndicate gets green light for 1.1 start

Credit Suisse-backed Arcus Syndicate 1856 has received approval from the Lloyd's Franchise Board to begin trading on 1 January 2016

Charlie Thomas, 23 November 2015
Shah to leave AIG in senior management cull

Samir Shah has become the latest high-profile AIG executive to be culled as the insurer executes its global cost-cutting and reorganisation programme, The Insurance Insider can reveal.

David Bull, 20 November 2015
Pool Re retention increased to £135mn

UK state-backed terrorism reinsurer Pool Re will increase its members' retention from £100mn to £135mn at 1 January, the carrier announced this morning (20 November)

Winifred Okocha, 20 November 2015
Gayner and Whitt to become co-CEOs at Markel

Markel Corporation has announced that its chief investment officer Thomas Gayner and co-chief operating officer Richard Whitt will become co-CEOs from 1 January.

Charlie Thomas, 20 November 2015
Hanway to succeed Lord Lang at MMC

Marsh & McLennan Companies (MMC) has appointed Edward Hanway to succeed Lord Ian Lang as independent chairman of the company when Lord Lang retires in May 2016 after five years in the role

Charlie Thomas, 20 November 2015
RenRe promotes FD of managing agent to CEO

RenaissanceRe has revealed that Hugh Brennan, the current finance director for RenaissanceRe Syndicate Management (RSM), will become the managing agent's CEO in 2016

Charlie Thomas, 20 November 2015
R&Q acquires FNF Title

Randall & Quilter (R&Q) has agreed to acquire FNF Title Insurance Company, a Maltese subsidiary of Fidelity National Title Group.

Charlie Thomas, 20 November 2015
Cooper Gay welcomes ratings response to US sale

Cooper Gay Swett & Crawford (CGSC) has welcomed the response from Standard & Poor's (S&P) and Moody's to plans to sell its lucrative North American business.

Dan Ascher, 20 November 2015

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