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Chilton named CEO of AJ Gallagher International

Grahame ‘Chily' Chilton has been named as CEO of the AJ Gallagher's UK-based international brokerage division.

Charlie Thomas, 20 February 2015
Darag unveils first Greek acquisition

Darag has agreed to acquire a portfolio of inactive motor vehicle liabilities from Greek transportation insurer Aigaion in the German run-off specialist's first deal in the region

Himal Patel, 20 February 2015
ERS returns profit in full-year results

Lloyd's motor insurer ERS, previously Equity Red Star, has reported a full-year profit of £8.3mn for 2014, up £28mn compared to the previous year, the firm said today (20 February).

Jenny Messenger, 20 February 2015
Talanx sells Ukrainian, Bulgarian operations

German insurance group Talanx is selling its Ukrainian and Bulgarian subsidiaries to Bulgarian insurance group Euroins, the firm announced today (20 February).

Jenny Messenger, 20 February 2015
Cyclone Marcia declared a catastrophe

The Insurance Council of Australia (ICA) has declared a catastrophe for parts of central Queensland after the region was struck by the severe tropical Cyclone Marcia earlier today (20 February).

Charlie Thomas, 20 February 2015
Charles Taylor acquires Standard Club businesses in turnkey deal

London-listed services company Charles Taylor plc has acquired a 50.1 percent stake in Almond One Ltd and 100 percent of Almond Two Ltd ahead of plans to create a turnkey business for new syndicates at Lloyd's.

Charlie Thomas, 20 February 2015
Fairfax in C$650mn equity financing to part fund Brit acquisition

Fairfax Financial has launched a C$650mn ($520mn) equity financing following its agreed $1.9bn acquisition of Lloyd's insurer Brit Insurance.

Charlie Thomas, 20 February 2015
AM Best downgrades Safeway ratings

AM Best has downgraded Safeway Property Insurance Company after The Insurance Insider revealed that its parent had sold it to Susan Patschak's Florida Specialty Holdings

Dan Ascher, 19 February 2015
James River outperforms in first results post IPO

James River has beat Wall Street earnings expectations in its first set of quarterly results since its initial public offering (IPO) in December, despite a deterioration in underwriting performance and investment income

Himal Patel, 19 February 2015
Maiden operating earnings jump 48% in Q4

Maiden Holdings reported operating earnings of $34.6mn or $0.44 a share for the fourth quarter of 2014, up 48 percent on the same period the previous year

Dan Ascher, 19 February 2015

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