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  • Between $50mn and $100mn of Japanese earthquake industry loss warranties (ILW) traded shortly after the 11 March catastrophe struck north-eastern Japan, our sister title Trading Risk revealed.
  • A leading insurance analyst has warned that Willis Group might miss its "optimistic" earnings per share target.
  • If Haverford succeeded in its bid to take over Omega the incumbent CEO Richard Pexton would remain in place, according to a well-placed source
  • Pre-tax profits at Arthur J Gallagher (UK) Limited fell by a quarter in 2010 as one-off costs associated with the acquisition of financial lines specialist FirstCity weighed on results.
  • Everest Re has prompted fears of more hurricane pain for reinsurers after revealing further deterioration in losses from last autumn’s storms in its first quarter results published yesterday (24 April).
  • The ratio for London market premium versus estimated units of exposure for the last five years peaked in 2006, data from a Hiscox company presentation shows.
  • US insurer The Hartford's renewal of its Foundation cat bond, and rival Allstate’s planned 2007 cat bond – together with the landmark mortality securitisation by French giant AXA last month – are further evidence of strong and sustained demand in what has
  • Global insurer Axa reported a 24 percent year-on-year drop in net income to EUR2.7bn for 2010, due to a one-off EUR1.6bn loss on the sale of its UK life business
  • The Serious Fraud Office (SFO) launched a preliminary inquiry into the UK operations of American International Group's Financial Products Corp (AIGFP) last week
  • The World Trade Center (WTC) Captive Insurance Co has extended its deadline for plaintiffs to consider opting in to its $700mn+ settlement scheme by two months until 8 November.