August 2009/3

Lloyd's has received its third rating confirmation in a month.

Guy Carpenter has confirmed its appointment of Aidan Pope - former chief executive of Aon Benfield's Latin America and Caribbean (LAC) business - as CEO of its LAC operations.

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.

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

Lost and found cargo ship Arctic Sea is insured for crew-related risks with Russian insurer Ingosstrakh.

Broking giant Aon has lost yet another senior aviation executive, this time to Willis, after its former executive vice president of Los Angeles and Chicago operations, Stephen Kisor, joined the rival broker.

Expansive UK run-off acquisition firm Randall and Quilter (R&Q) is growing its broker services division with the purchase of the discontinued operating subsidiaries of reinsurance broker Carvill Group, along with its legacy portfolios.

The state of New York has named lawyer and executive director of the state's insurance fund, James Wrynn, as insurance superintendent following the resignation of Eric Dinallo in July.

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.

Insurers have put up the specie insurance industry's biggest ever reward as they attempt to track down the Graff robbers and their loot.

Citigroup analysts expect Swiss Re to have SFr10bn excess capital next year and to repay the Berkshire Hathaway hybrid debt in 2011.

American International Group (AIG) has raised $2.5bn from its latest round of sales.