December 2007/1
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Reinsurers have been warned about the costs arising from claims inflation in severe bodily injury claims.
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Marsh UK has appointed Artur Niemczewski as chief executive of its Multinational arm, which comprises its large account practices and specialty businesses.
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UK businesses are facing an "unprecedented threat" from home-grown terrorism, Lloyd's has warned.
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The forecasts for Bermuda-headquartered Hiscox Ltd's Syndicate 33 remained steady when the firm reported last week.
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Chicago-based global broker Aon Corp's consulting arm has appointed Mark Blumenthal as its new chief financial officer.
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The merry-go-round of facultative reinsurance broker moves continued last week as Guy Carpenter announced the appointment of Willis broker Catherine Kim.
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French reinsurer SCOR SA successfully closed its EUR160mn Atlas IV cat bond transaction, taking its tally of insurance linked securities deals to five.
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Prudential's UK division has entered into a 15 year outsourcing contract, which is expected to be worth £722mn, with Capita Group plc.
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AIG UK Ltd, one of the UK’s largest commercial non-life insurers, has appointed two new industry heavyweights to its board as part of its transformation into a multi-billion pound, FSA authorised insurance company.
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Last week's Martinique earthquake looks set to trigger the Caribbean Catastrophe Risk Insurance Facility (CCRIF).
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Ratings agency Moody's Investor Services has assigned ratings of Ba1, Ba3 and B3 to the three debt tranches in Bermudian (re)insurer XL Capital's new Cyrus Re II sidecar vehicle.
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Marsh Inc has completed its search for a new chief executive with the appointment of Daniel Glaser.
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