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  • As revealed by The Insurance Insider in February, the UK division of US retail broker Arthur J Gallagher has hired ex-regulator Sarah Dalgarno as director of compliance and risk management.
  • American International Group (AIG) has announced that the China Insurance Regulatory Commission (CIRC) has given its life and general insurance subsidiaries in China approval to expand.
  • Swiss giant Zurich Financial Services (ZFS) recorded a first quarter profit of $785mn, up 1 percent from last year, despite being hit with a $262mn post tax charge from settling with US regulators.
  • French reinsurer SCOR has reported a 61 percent rise in its first quarter income to EUR53mn from EUR33mn in the prior-year period.
  • Jeremy Cooke - the former head of Marsh's Inc wholesale broking operations - has returned to MMC as a senior operations advisor.
  • Bermudian giant ACE Ltd confirmed announced that Brian Duperreault, chairman of the board, will retire from the company at the end of the month.
  • The London Stock Exchange’s two-week decline has continued to impact on the share price of the London Market’s listed insurers.
  • The Securities and Exchanges Commission (SEC) has praised American International Group and its "courageous" chairman Frank Zarb as the giant insurer makes strides towards "good governance".
  • Start-up US wholesale broker Mercator Risk Services Inc has hired Michael Connelly as senior vice president and manager of its Midwest Casualty operation.
  • General Motors has brought its asbestos dispute with Royal & Sun Alliance Group to the UK by filing a suit against the insurer into the High Court.