Company news

Bob Darling to step down as Jensten Group CEO

Bob Darling is to step down as CEO of Jensten Group on 5 August and will be succeeded by Alistair Hardie, who is currently CEO of Charles Taylor’s assistance and specialist claims management business.

Aon u-turns on salary cuts

Aon will repay colleagues in full, plus 5% of the withheld amount, after cutting the salaries of 70% of its workforce.

Analysis: Unpacking the Ardonagh deal

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.

Lancashire and Fidelis secure capital boosts

Lancashire has raised £277m through the placing of 39.6 million new shares at a price of 700p per share – a 3.6% discount on its stock price at the close of Tuesday trading, while fellow specialist insurer and reinsurer Fidelis has announced that it has…

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