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December 2006/2

  • Barclays Bank has been reinstated as a defendant in an Enron investor fraud suit by a US judge who gave shareholders a new opportunity to portray the bank’s role in the company’s collapse.
  • Lockton International has swooped for senior Marsh duo Chris Brown, the head of risk management for its Europe, Middle East and Africa division, and Neil Nimmo, the head of its London based financial and professional lines operations (FINPRO) practice, In
  • US hurricane and catastrophe reinsurance prices are expected to rise about 30 percent in the 1/1 renewals according to German giant Munich Re.
  • Despite a bullish investor presentation in early December by Marsh & McLennan (MMC), analysts continue to question the ability of the company’s management to unlock value from its “diverse” operating subsidiaries.