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  • A 23 percent rise in first-half post-tax profits for RSA Insurance Group plc could make it a potential merger & acquisition (M&A) target, says Keefe, Bruyette & Woods (KBW) analyst Grieg Paterson.
  • The London market directors' and officers' (D&O) insurers of fraud-hit Stanford Financial Group (SFG) are making a counterclaim for reimbursement of some $15mn in defence fees, The Insurance Insider can reveal.
  • Concerns are being raised that capacity in the traditional energy market will not be enough to meet future requirements.
  • JLT's proposed takeover of rival Heath Lambert could even create the UK's second largest insurance broker by turnover, concludes The Insurance Insider.
  • Disgraced financier Allen Stanford can no longer tap into a London market directors' and officers' (D&O) policy to pay defence costs for his 2011 criminal trial, a federal judge in Houston has ruled.
  • Global specialty insurer Ace added 5 percent to its share price in trading on Friday (9 July), as the stock was buoyed by the announcement that it would rejoin the Standard & Poor's (S&P) 500 share index.
  • Ratings agency Moody's has revised its outlook for the US commercial lines insurance sector to negative from stable.
  • To avoid the threat of downgrades, Bermuda’s (re)insurers are being forced to tap the capital markets Bermuda’s (re)insurers are rushing to the capital markets to repair the damage Hurricanes Katrina and Rita have wreaked to their balance sheets and...
  • Global specialty insurer Ace added 5 percent to its share price in trading on Friday (9 July), as the stock was buoyed by the announcement that it would rejoin the Standard & Poor's (S&P) 500 share index.
  • Specialty insurer WR Berkley saw profits slip by a modest 4 percent to $94mn in the third quarter as it resisted the downward pressure that softening rates and torpid investment returns have been placing on bottom lines.