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  • Allied World's London market and international division has appointed Jacqueline Hall-Shaw to head up its financial institutions (FI) team.
  • Lloyd's has named Generali's Paolo Vagnone as its new director of strategy and change as the Corporation works to bring its executive team back to full strength.
  • Bruce Berkowitz's Fairholme Fund has decreased its stake in AIG by 17 percent, according to the company's latest 13F filing.
  • AIG has sold its Japanese life business AIG Fuji Life Insurance Company to FWD Group, as it continues to streamline its operations
  • The P&C insurance sector made strong gains last week as initial expectations of a rout following Donald Trump's shock win in the US presidential election proved unfounded, with financial stocks galloping forwards, led by banks and life insurers.
  • Aggregate returns for the US specialty composite dropped year-on-year in the third quarter as underwriting margins narrowed while investment yields remained relatively flat.
  • The Insurance Insider's new composite of six major players in the US specialty market recorded lower underwriting margins as the third quarter was hit by weaker reserve releases and higher core loss ratios.
  • The upward trajectory in premium growth for US specialty carriers started to show signs of plateauing in the third quarter as insurers pulled back from some lines amid competitive pricing.
  • There is evidence that the stabilisation of rates seen in parts of the reinsurance market may be starting to arrive in the primary insurance space, albeit with a significant lag.
  • Hellman joins Thomas Miller; Marsh acquires Bluefin; Brit diamond consortium; New Zealand earthquake; Standard Syndicate loss deteriorates; Watsa backs US equities; TMK 2015 forecasts down; Aspen appoints insurance head; UK China ILS appeal; Zurich names UK CEO; Allianz P&C profits up; Hannover Re Matthew loss; XL appoints global excess casualty president.