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  • AIG is expected to address key questions from investors, analysts and ratings agencies when it reports fourth quarter results tomorrow, followed by its earnings conference call on Wednesday morning.
  • Argo Group International became the latest Bermudian to beat Wall Street forecasts despite a dip in fourth-quarter profit that included a cat-driven underwriting loss at its Lloyd’s platform.
  • Arch Capital Group breezed past Wall Street estimates by posting a fourth quarter profit of $1.13 a share.
  • Thousands of Californians fled the area around Oroville because of the threat of flash flooding yesterday after a gaping fissure opened in the spillway above the city on the Feather River.
  • StarStone has hired Simon Low, group head of political risk and crisis management at Sompo Canopius, to oversee its political violence and political risk books, The Insurance Insider can reveal
  • Bermudian specialist energy carrier Oil Insurance Ltd (OIL) has ceased offering offshore Gulf of Mexico (GoM) designated named windstorm coverage
  • The state of New South Wales in Australia has been struck by a swath of bushfires that have destroyed at least 30 homes, according to media reports
  • Sompo Canopius Re has confirmed the appointment of former Swiss Re executive Christopher Gray as head of protection and indemnity (P&I) reinsurance, effective immediately.
  • Neon today confirmed the appointment of Nick Pritchard as head of property reinsurance, as first reported by sister publication Trading Risk in September last year
  • Maurice "Hank" Greenberg has emphatically denied all wrongdoing and branded the New York Attorney General (AG)'s pursuit of him "a witch hunt" in an interview with this publication after he agreed to settle longstanding claims against him for $9mn