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  • Commercial insurance rates in the US were up 4 percent in November, matching the pace of change recorded in October, according to MarketScout's latest market barometer.
  • Commercial property insurer FM Global has for the first time appointed a broker relations manager, in a move that it says recognises the growing influence of intermediaries in the business
  • Expansive US wholesaler Burns & Wilcox Brokerage has lured Evan Bull to head up its national property practice
  • Zurich Insurance Group today (5 December) cut a key profitability target and said it might exit some peripheral businesses as part of a reorganisation aimed at bolstering the group's financial performance.
  • Expansive US wholesaler Burns & Wilcox Brokerage has lured Evan Bull to head up its national property practice.
  • The industry body that represents financial services in the UK has today welcomed measures announced by the government intended to drive growth in the domestic insurance sector both at home and overseas.
  • Former Benfield CEO Grahame "Chily" Chilton is returning to the market at the helm of a globally ambitious new reinsurance broking co-venture with AJ Gallagher International.
  • Bermudian speciality (re)insurer Argo has announced a senior management reshuffle, with Glenn Burles named as senior executive officer at its Argo Re reinsurance arm and Kevin Williams promoted to head of claims for the group.
  • USI Insurance Services, the 10th-biggest broker in the US, has agreed to buy smaller rival Van Gilder Insurance Corporation for an undisclosed sum, in a deal that will extend the company's reach into the Rocky Mountain region.
  • Broker consolidator Towergate has completed a deal to buy classic car and motorcycle insurance intermediary Footman James from Aon.