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  • Well-known energy broker Guy Bessis is moving to Marsh Ltd less than eight months after joining (re)insurance intermediary Integro, The Insurance Insider understands.
  • In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
  • $110mn has been transferred to the California Insurance Commissioner as part of a settlement in the five-year investigation into the Executive Life saga, United States Attorney Debra Yang said last week.
  • Former Jardine Lloyd Thompson chief executive Steve McGill vowed that he will make a swift return to the London market while speaking at a Lloyd’s lecture last week.
  • Reinsurance broker Guy Carpenter has opened a new reinsurance intermediary office in Greece.
  • Warren Buffett's Berkshire Hathaway may sue former executive David Sokol for failing to disclose his financial interest in Lubrizol before recommending the firm bought it.
  • Cedants are increasingly seeking proportional reinsurance cover, with further demand expected, according to Torsten Jeworrek, head of reinsurance at Munich Re.
  • Ratings agency Standard & Poor's has put a negative outlook on Japan's long-term credit rating due to concerns about rebuilding costs after the March 11 earthquake and tsunami.
  • Shares in Zurich Financial Services have leapt suddenly on suggestions of a takeover by US insurance St Paul Travelers.
  • The dispute over the division of spoils from insurance cover bought by the collapsed Stanford Financial Group (SFG) has deepened...