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  • John Holman & Sons Ltd has reported the death of David McArthur Holman (1928-2014), aged 85
  • The Hartford today (9 June) said its finance chief Christopher Swift would take over as chief executive from Liam McGee, who is stepping down after overseeing a major restructuring of the US insurance giant during his four-and-a-half year tenure
  • David Gittings, chief executive of the Lloyd's Market Association (LMA), is set to join the board of Xchanging Ins-sure Services (XIS) as a non-executive director, Xchanging has announced.
  • The private equity firms that floated over-50s insurer Saga last month have secured heavyweight investor backing for an initial public offering (IPO)of their other insurance asset, the AA roadside recovery group
  • Endurance has set the wheels in motion for its $49.50 per share exchange offer for all of the outstanding common shares of Aspen
  • The Qatar Financial Centre Authority (QFC Authority) has announced the appointment of Yousef Fakhroo as director of marketing and corporate communications
  • The UK motor insurance industry made an underwriting profit for the first time since 1994 last year, helped by bigger reserve releases, according to a study published today (9 June) by accountancy firm EY
  • Commercial insurance rates charged by giant US carrier Travelers, seen as a bellwether for the wider US commercial insurance market, increased at a slower pace during the second quarter, according to analysts at Keefe, Bruyette & Woods.
  • Lancashire has appointed Peter Clarke, the former group chief executive of UK hedge fund firm Man Group, as a non-executive director, the London-listed carrier announced today (6 June).
  • The US commercial lines sector's reserving deficiency tripled to $2.8bn at the end of 2013, risking capital in a weakening rate environment, according to a report from Aon Benfield