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  • Total pay for Zurich Insurance Group's most senior executives was flat last year, according to the giant Swiss carrier's annual report, out today (7 March)
  • American Financial Group (AFG) has responded to National Interstate independent director Alan Spachman by questioning whether the company's founder and former chairman and CEO has its shareholders' best interests in mind.
  • A trio of former Dewey & LeBoeuf senior executives have been criminally and civilly charged today (6 March) in New York over the firm's 2012 collapse.
  • National Interstate founder and independent director Alan Spachman has launched a lawsuit against the company, its non-independent directors, American Financial Group (AFG) and its Great American subsidiary over what he alleges is a "coercive tender offer" for the US insurer.
  • Munich Re, Swiss Re and Scor have agreed to cover UK insurer Aviva against the risk of unforeseen pension costs due to employees living longer than expected, in the biggest deal of its kind to date, the reinsurers said today (6 March).
  • Former Lloyd's chief executive Nick Prettejohn has stepped down from the board of the UK Prudential Regulation Authority (PRA) less than a year after being appointed, the regulator said today (6 March)
  • Shares in Aviva rose 9.4 percent to a five-year high in early trading today (6 March), as a set of strong 2013 results from the UK composite insurer reinforced hopes that a recovery plan launched last year is gaining traction
  • Listed Lloyd's carrier Novae is open to pursuing other takeovers after it came up short in its bid for private peer Antares, CEO Matthew Fosh told The Insurance Insider
  • US insurance exchange MarketScout, provider of one of the main barometers of US P&C commercial rates, said its composite rate rose by 2 percent in February 2014, down from 3 percent in January.
  • Specialist Lloyd's commercial underwriter Marketform has become the Society's first managing agent to secure a coverholder in the fast-growing Lithuanian market.