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  • Willis Group has confirmed that it has recruited a team of Jardine Lloyd Thompson's (JLT) Financial and Professional lines brokers led by Julian Martin, the recent leader of JLT's UK D&O team.
  • Four subsidiaries of CV Starr & Co, the managing agency ultimately controlled by former American International Group (AIG) chief executive Maurice "Hank" Greenberg, are suing three AIG employees for attempting to "systematically destroy" their business.
  • Lloyd’s insurer Hiscox plc has acquired the UK event cancellation provider Insurex Expo-Sure from Alexander Forbes.
  • Bermuda based Allied World Assurance Holdings announced last Wednesday the opening of the London underwriting office of its Irish insurance subsidiary, marking a further step in its rapid expansion. Allied World Assurance Company (Europe) Limited (AWAC-E)
  • Specialist Lloyd’s liability insurer, Illium syndicate 4040 is set to launch a dedicated underwriting operation in the North of England.
  • Practitioners in the London market have agreed the standard template of a binding authority agreement which will be incorporated into a new LMP slip, it was revealed today (26 January).
  • French giant AXA said it had produced a "strong first half" performance with underlying earnings up 19 percent to EUR2.1bn.
  • New York’s Superintendent of insurance, Greg Serio, revealed that his department has issued citations to MMC, Marsh Global Broking – Marsh’s market facing unit which arrangement Placement Service Agreements with insurers – and more than ten Marsh subsidia
  • Bob Mendelsohn the embattled chief executive of Royal & Sun Alliance has been “ousted” from his position as the insurer manoeuvres for its rumoured forthcoming rights issue.
  • Ashok Gupta, the architect of the £50mn+ Lloyd’s sponsored Kinnect project,has been replaced, Lloyd’s revealed today (19 January).