Shares in Willis traded up 6.17 percent as markets opened while Towers Watson's stock price was down 2.27 percent at 15.03 GMT after the $18bn merger announced earlier today (30 June)
Gibraltarian insurer Markerstudy has today (30 June) gained regulatory approval from the Financial Conduct Authority to acquire Chaucer's UK motor book
Argo subsidiary Argonaut has lost a legal dispute over the recovery of more than $1mn in taxes paid on reinsurance arrangements with two Texas governmental risk pools.
Latvia has confirmed that Bermuda is not on its "tax blacklist", making the island technically ineligible for inclusion in a European Commission (EC) publication on uncooperative areas
The US Federal Emergency Management Agency (Fema) will continue to review claims from Superstorm Sandy until 15 September this year, the organisation said last week (25 June).
The UK insurance sector must be vigilant and ensure that Solvency II implementation is not "overzealous" compared to other EU member states, according to chief risk officer and general counsel at Lloyd's Sean McGovern.
Hyperion's underwriting arm Dual has expanded into Central and Eastern Europe (CEE) as Dual Polska by acquiring a majority stake in Polish insurer Data Connect Direct, the firm said today (29 June)