August 2009/3
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Insurers have put up the specie insurance industry's biggest ever reward as they attempt to track down the Graff robbers and their loot.
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Towers Perrin has named Derek Keating as an executive director of its London reinsurance brokerage business, effective 1 September.
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Aon Benfield Securities has appointed Chris Parry as a director in its investment banking division, as it continues to grow the practice.
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Berkshire Hathaway CFO Marc Hamburg has hit back at reports that it "goofed" on its mark-to-market valuation of derivative risks.
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The Lloyd's Exchange has gone live with its first intra-market message.
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Lost and found cargo ship Arctic Sea is insured for crew-related risks with Russian insurer Ingosstrakh.
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American International Group (AIG)'s $200mn D&O insurance policy is set to pay a $115mn loss, after it was reported that former chief executive Maurice 'Hank' Greenberg and five other defendants have agreed to settle a shareholder lawsuit.
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The British Insurance Brokers' Association (BIBA) has said that Mike Slack stepped down from its board at the end of July, after seven years.
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Lehman Brothers is suing American International Group (AIG) for $9mn it says the insurer owes on credit default swap covers it took out on three firms that subsequently filed for bankruptcy, according to reports.
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CNA Financial Corporation has appointed John Hennessy to replace Julian Eniozi as head of its European operations, with a mandate to grow its European distribution.
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The British Virgin Islands and Cayman Islands have joined Bermuda in being upgraded to the Organisation for Economic Cooperation and Development's (OECD) white list, after meeting internationally agreed tax standards
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US insurer The Hartford is to refund $48.3mn in excess profit to worker's compensation policyholders in order to comply with Florida law.