March 2008/6

Jardine Lloyd Thompson Group plc (JLT) has settled its legal dispute with three of its former energy brokers for allegedly attempting to take a major client with them when they left.

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...

Reinsurers have seen rates fall by up to 10 percent during the 1/4 Japanese renewal season, according to reinsurance broker Guy Carpenter.