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  • A benign cat season, the investment markets recovery and record business levels helped Lloyd's to trump the post-Katrina years of 2006-07 and more than double profit to £3.9bn in 2009.
  • Thousands of jobs are under threat at UK household insurer Norwich Union after its parent, Aviva, announced £350mn of cost savings in the UK by the end of 2009.
  • The London market directors' and officers' (D&O) insurers that placed the coverage for Stanford Financial Group (SFG) and several of its executives are resisting paying a further $3.2mn in legal fees.
  • Generali appoints new chairman after boardroom battle; Arch joins Florida's reduced collateral club; Aon Benfield launches Cyprus quake model; ANV shows ambition with Travelers hire; Aon clears Glenrand sale; Willis builds in South Africa; Portugal insurers downgraded; Markel goes east; Aspen builds out US surety business
  • Specialty insurance group AmTrust Europe will soon have parted company with all seven of its actuarial team within a year, The Insurance Insider understands
  • Hartford Financial Services Group may be broken up, after reports emerged that the beleaguered US insurer is seeking bids for its core property and casualty (P&C) business.
  • Solvency II's disproportionately high capital charges for securitisations could discourage insurers using the standard model from investing in the products, Fitch has warned.
  • Insurers are looking to the money markets, emerging markets and non-Euro safe havens to de-risk as the Eurozone crisis deepens, according to insurance asset management experts.
  • Bermudian-headquartered global reinsurer PartnerRe has revealed that its renewal premium fell by 16 percent at 1 January to $1.81bn under the combined impact of declining prices and changes to the Paris Re book.
  • Willis forms North American distressed assets practice; Wildbore heads Willis' new Toronto office; XL Re gets green light in Florida...