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  • A number of Lloyd's stocks have seen significant uplift in recent weeks as investors gamble on a 2009 ratings uplift fuelled by the AIG crisis.
  • Lloyd's (re)insurer Hardy Underwriting has lifted gross written premiums by 26 percent year-on-year to £256mn for the first nine months of 2010.
  • Allianz's net income smashed through analyst expectations today (12 May), fuelled by higher-than-expected capital gains.
  • As investors contemplate the scorched landscape of depressed (re)insurer valuations, a potential fillip was given today (12 May) with predictions that future capital flows are likely to head towards existing carriers rather than to support start-ups.
  • The European Commission (EC) has put forward plans to scrap certain EU competition exemptions relating to insurance policy agreements, citing preliminary findings which suggest the agreements are not specific to the insurance sector.
  • Analysts and market commentators were quick to point to the benefits for the Lloyd's quoted sector of today's public outing of Beazley's rejected swoop for Hardy.
  • Bermudian-headquartered Scottish Re has seen one of its subsidiaries sink further into junk status last week just days after the embattled reinsurer finally published its full-year results.
  • Montpelier Re – one of the (re)insurers worst hit by last autumn’s storms – has reported a 2005 net loss of $752.9mn, or $10.49 a share, dramatically reversing the $240.3mn or $10.92 a share net profit made in the previous year.
  • London-based broker Cooper Gay Group has parted company with its executive director of non-marine treaty reinsurance Dermot Flood as part of an organisational restructure.
  • Staff at Lloyd's run-off Equitas Holdings Limited have been rewarded for their success at commuting claims with major policyholders by pay rises which have seen the average salary increase by over £30,000 in the last four years.