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Generali Group is buying Liberty Seguros' operations in Ireland, Northern Ireland, Portugal and Spain for $2.5B in an all-cash deal.

Following closing, Re Solutions CEO Asaf Grinstein will become CEO of Guy Carpenter Israel.

Appointments to boards and committees at The MEMIC Group, Combined Agents of America LLC and Property Casualty Insurers Assn. of America. Aon Global Risk Consulting acquires Dempsey Partners. New Program at Distinguished Programs.

Reinsurance brokers can no longer rely on the traditional means of commission compensation for placing risks, and must begin charging fees similar to other professionals billing for services, says a business professor studying the industry.

Reinsurance brokers can no longer rely on the traditional means of commission compensation for placing risks, and must begin charging fees similar to other professionals billing for services, says a business professor studying the industry.

Crediting high-retention rates and strong new-business growth, Marsh & McLennan Companies says first-quarter net income grew by 7 percent from the same period last year.

Crediting high-retention rates and strong new-business growth, Marsh & McLennan Companies says first-quarter net income grew by 7 percent from the same period last year.

Alexander Moczarski, president and chief executive officer of Guy Carpenter, will take on the additional role of chairman of Marsh & McLennan Companies International.