International

Willis has launched a withering attack on rival broker Aon, labelling the latter’s decision to resume commissions on retail business as “troublesome and ambiguous”…

Ratings agency Fitch has affirmed Lloyd’s credit rating ahead of forecasting its performance will suffer due to a “series of large losses”…

Insurers’ exposure to the global financial crisis is being shielded by the length and complexity of class action claims in the US, a Moody’s report claims…

The cost of dealing with natural disaster claims has hit Chubb’s second-quarter net income, pushing it down $US33 million ($37 million) to $US518 million ($580 million)…

Excess capacity in the US property and casualty market has led to another quarter of declining renewal pricing as insurers continue to chase market share…

UK brokers threatening to refuse to pay levies for a national compensation scheme won’t be happy to hear the scheme paid more than £204 million ($349 million) to 21,000 claimants…