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  • The ghost of Spitzer was finally exorcised today when Aon Corp - the world's largest insurance broker - said it would again take contingent commissions almost six years after the former New York attorney general led a bruising campaign against the payments.
  • A UK High Court judge yesterday (20 July) warned that a senior Aon broker could be in contempt of court for throwing into a pond a laptop that may have contained evidence of work carried out for his new employer while still under contract with Marsh.
  • As the controversial Neal Bill continues to stall on Capitol Hill, the German government has expressed strong opposition to the proposed legislation.
  • Platinum Underwriters Holdings Ltd launched the Bermudian Q2 reporting season with what it billed as "record" diluted earnings per share as it appeared to dodge the threat of deteriorating cat losses.
  • Aggressive competition in the US insurance market picked up pace in the second quarter, with renewal rates dropping by an average of 6 percent and terms and conditions coming under pressure, according to the Council of Insurance Agents & Brokers (CIAB) Q2 market index survey.
  • Allied World Assurance Company Holdings (AWAC) has received approval from the Monetary Authority of Singapore (MAS) and Lloyd's Asia for the operation of a new service company, Capita 2232 Services Pte. Ltd.
  • The £800mn+ Brit Insurance-Apollo buy-out deal is balanced on a knife-edge, with a 50 percent chance that it will collapse, according to London-based stockbroker Jefferies.
  • US insurance intermediary Brown & Brown Inc has booked second quarter net income of $41.2mn, up 1.3 percent on Q2 2009, as it pushes against falling revenues and low investment yields.
  • Mark Tucker's official anointing as the new chairman and chief executive of Asian life insurer AIA is set to put the American International Group (AIG) unit on a fast track to independence from its troubled parent.
  • ABI loses director general after 6 months...