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  • Ex-Converium boss advised MDU on SCOR deal; FSA appoints Sally Dewar in wholesale role; Marsh in £200mn UK back-office outsourcing deal; Glacier Re to form London platform...
  • Transatlantic Re's executives are in line to receive $29.4mn of windfall payments connected with the company's sale to Alleghany, regulatory filings suggest.
  • Munich Re is positioned to squeeze out Ergo's remaining minority shareholders after increasing its hold of the German subsidiary of UniCredit to more than 95 percent.
  • As generally dire underwriting conditions continue to persist in the US property casualty sector, there are at least signs of encouragement in workers' compensation insurance.
  • The aviation market in the second quarter of 2004 is showing signs of slight hardening, according the latest research from brokers Aon.
  • US insurer CV Starr & Co has announced a tie-up with Allied World Assurance Company (AWAC) enabling it to offer management liability lines on behalf of the Bermudian firm.
  • Losses absorbed by reinsurers are likely to put upwards pressure on rates at renewal for the region.
  • Flagstone Re turned around 2008 losses to post a net profit of $242mn last year, as it enjoyed strong underwriting and investment returns.
  • The London market directors' and officers' (D&O) insurers of fraud-hit Stanford Financial Group (SFG) are making a counterclaim for defence fees of around $15mn, The Insurance Insider can reveal.
  • Monoline bond insurer MBIA Inc is suing two insurers over a $75mn settlement it made with US regulators last year.