March 2008/6

American International Group has filed a lawsuit against its former CEO and chairman Maurice "Hank" Greenberg as part of its long-running legal battle over ownership of shares in the US giant.

The Lloyd's market's profitability for 2007 is expected to be "ahead of 2006", buoyed by the stellar results recently reported by individual members of the Society, according to Numis Securities analyst, Nick Johnson.

Aspen Insurance Holdings Ltd has become the latest Bermudian to establish a Lloyd's presence with the launch of start-up Syndicate 4711.

Tawa plc's move to part fund its acquisition of PXRE Reinsurance Company with a $14.4mn investment from a trust owned by billionaire steel magnate Lakshmi Mittal family members continues its strategy of widening its long-term investor base...