Allianz Global Corporate & Specialty will look to reduce its global headcount by a further 400 as it embarks on a transformation programme.
Aon will repay colleagues in full, plus 5% of the withheld amount, after cutting the salaries of 70% of its workforce.
Insurtech Zego has taken on additional funds from venture capitalist debt provider Triplepoint.
Ardonagh has placed $500m (£401m) of senior payment in kind toggle notes.
Davies has appointed Jeff Chang to the recently created global role of general counsel.
Broker Network members have given a resounding shrug of indifference to the news that after four years away the network is set to return to Ardonagh’s ownership as it buys up Bravo Group.
Aviva’s advice on executive pay and corporate governance and responsibility is bang on the money.
The Ardonagh Group has launched a $500m (£401m) notes offering, having agreed the purchase of Bravo Group and Arachas.
The government has appointed former HM Treasury director Nikhil Rathi, currently the CEO of London Stock Exchange plc, as the new CEO of the Financial Conduct Authority.
Markel International has stopped writing wholesale personal accident and contingency insurance as its refocuses the PACE portfolio exclusively on entertainment with immediate effect.
After a tough year, driven by some of the most costly claims in history, 2020 threatens to change the face of the the aviation industry as the coronavirus pandemic spreads across the globe. Post investigates the impact on aviation insurance.
Insurtech start-up Digital Risks has recruited Stewart Duncan as chief data officer joining from insurance platform Wrisk.
Briefing: Pat Gallagher’s anti-racism pledge – Simon Matson, Vyvienne Wade and the elephant in the room
It's a positive step that the industry says it is taking a stand against racism and discrimination, but one pledge, in particular, feels somewhat hollow given recent events.
Lemonade will seek to raise up to $100m (£78.5m) via an initial public offering, with its prospectus shedding snippets of insight into its past, present and future.
Insurtech Lemonade has made an application to go public on the New York Stock Exchange.
Dive In, the insurance industry’s festival for diversity and inclusion, has been confirmed with a virtual format of online events for 2020 taking place from 22 to 24 September.
Arch Insurance International has appointed Simon Williams as active underwriter of Syndicate 1955 and confirmed David Slade as deputy active underwriter after the parent company’s takeover of Barbican.
PIB Group has added reinsurance broking to its offering by striking its second deal outside of the UK with the purchase of Munich-based Marx Re-Insurance Brokers.
Zurich has appointed Stephane Baj as head of accident and health in the UK and multinational joining from Chubb.
The global recession triggered by Covid-19 is “like a crash without an airbag” according to Jérôme Jean Haegeli, group chief economist at Swiss Re.
Aon UK chief operating officer Nathan Shanaghy and the rest of the leadership team may have been left “humbled” by staff responses to global pay cuts, but that doesn’t mean the broker hasn’t served its workforce up a raw deal.
Two US law firms have launched investigations into whether Willis Towers Watson board directors breached their fiduciary duties or violated other laws around the mega-merger with Aon.
Joe Thelwell, CEO of Towergate Insurance Brokers, talks about organic growth, acquisitions and responding to the Covid-19 crisis as well as sharing how he started in insurance and what comes next for him and the business.
Aviva has predicted it will see £200m in business interruption claims net of reinsurance.