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February 2016/3

  • Share price data on The Insurance Insider's universe of P&C (re)insurers
  • The Insider 30 closed the week essentially flat, yet the lack of overall movement masked some large weekly fluctuations.
  • Some 85 percent of London market insurance professionals are still unwilling to write Iranian business due to ongoing US sanctions.
  • Willis is suing rival broker JLT for a total of $98.3mn after 32 employees from its fine art, jewellery and specie team left in a mass exodus last year.
  • After a damaging fourth-quarter release, Zurich has some serious soul searching to do.
  • Operating return on equity (RoE) weakened in the final quarter of 2015 for The Insurance Insider's Bermuda composite, dropping 310 basis points (bps) to 8.9 percent.
  • The Insider 30 Bermudian composite's top line advanced by 22.9 percent in the fourth quarter to $6.8bn, as a trio of major transactions propelled the group to its highest growth in the past five years.
  • American International Group (AIG)'s exit from lawyers' professional liability (LPL) is part of a remediation plan for its US casualty business that will also lead to it buying more reinsurance.
  • American International Group (AIG) missed Wall Street forecasts with a fourth quarter operating loss of $1.10 a share, compared to the analysts' consensus estimate $0.92 per share.
  • American International Group (AIG)'s board deal with activist investors and update on measures to turn around its core commercial insurance business found favour with analysts and shareholders at the end of last week.
  • The Geneva Association (GA) has summarised the most important implications for the (re)insurance industry following the COP21 Paris Climate Conference that took place at the end of 2015.
  • Fidelis appoints; Approval for CSC and Xchanging; Compre completes Gjensidige marine deal; Allied world expands; NHC first London office; Asia Capital Re expansion; Brown & Brown acquires; Marsh recruits ex UK spook; McGovern on Brexit; Generali CEO tussle; Lemonade sparkles; Antares Asia appoints; CEO concerns; January weather losses; Integro boosts entertainment practice; Primary Group; Compre senior management; Normal<