Chinese conglomerate Fosun has decided to end the firm's bid to buy a controlling 52% stake in Israeli insurer Phoenix.
A $475m (£300m) fee was agreed with Dalek in June but hadn't yet been approved by Israel's regulators. Following a filing to the Hong Kong Exchange today, Fosun's chairman Guo Guangchang, who visited...
RSA will appoint Isabel Hudson as non-executive board director this week.
The country’s top insurers saw shares fall on the second day of trading following the Brexit vote, despite efforts to calm the market.
An insurance saleswoman has been sentenced after a £31,500 commission scam in which she deliberately mis-sold large numbers of corporate health plan policies.
Hiscox has launched a new renovation and extension insurance product, which protects homeowners undertaking sizeable building works on their property.