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Apollo and CVC make new offer for Brit

Brit Insurance has received a new offer of £10.75 per share on cash from a consortium consisting of Apollo Management and funds advised by CVC Capital Partners.

Integro elects Byrne as chairman

John (Jack) Byrne, who led Fireman’s Fund and its former parent company, White Mountains Insurance Group, as well as Geico, has been elected chairman of the board of Integro.

Provident sale nears conclusion

Tom Callahan, the new president of GMAC Insurance, has insisted the insurer has "no plans" to divest of its remaining UK insurance asset, Car Care Plan.

Cat pool pays out to Anguilla

The Anguilla government has been paid $4.23m by the Caribbean Catastrophe Risk Insurance Facility following the passage of Tropical Cyclone Earl, which passed close to the island on 30 August.

Stakeholders agree flood roadmap

Environment minister Richard Benyon attended a flood management summit and met with insurers to discuss how best to ensure that insurance is widely available for homes at risk of flooding.

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