Broker

Litcomp agrees sale

Litcomp agreed the sale of the company to Torridon on Monday, following news that Torridon's £5.48m offer for Litcomp was unconditional last month.

Money Supermarket relaunches motor site

Price comparison website Money Supermarket is due to unveil its new motor insurance comparison site today. It marks the first major overhaul of its offering since it entered the sector in 2003.

Towergate outlines senior shake-up

Towergate Risk Solutions has announced a series of senior appointments which reflect the successful growth of its business and continuing development of its strategy.

What the papers say

What the Papers Say: Joining Insurance Age editor Martin Friel this month are former Post news editor Ralph Savage and Allianz communications manager Mark Bishop.

Post Pick of the week

The major news this week: IAG linked with Provident; CHO rises from the ashes; Merlin hit by major loss; NIG director quits; Questgates in Teceris deal

Marsh and Guy Carpenter earnings up

Rising revenues at (re)insurance brokers Marsh and Guy Carpenter reported increased fourth quarter revenues - although owner company MMC reported more mixed results.

Zurich UK reports £2bn GWP

Zurich UK General Insurance has reported gross written premiums and policy fees of £2.03bn ($3.18bn). Net earned premiums and policy fees were £1.96bn ($3.07bn) and the business operating profit was £146m ($229m).

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