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  • Bermudian giant ACE Ltd has sought to reassure investors over the potential exposure of its investment portfolio to the sub-prime fallout.
  • Following a tumble in Aon's share price during US trading yesterday (12 July), as investors digested the implications of its expansive acquisition of Hewitt Associates, an Atlantic Equities analyst has expressed concern
  • Significant merger and acquisition (M&A) activity in Lloyd's is rather like the old apocryphal adage about London buses - you wait for ages for one and then suddenly three come along at once.
  • Losses absorbed by reinsurers are likely to put upwards pressure on rates at renewal for the region.
  • Initial capacity auction prices at Lloyd's climbed by a fifth from a year earlier, as a flight to quality saw Names bid up the price of the syndicates with the best underwriting track records
  • Anxious investors are awaiting the release of fourth quarter results from a number of banking groups this week, with concern mounting over the size of sub-prime related losses yet to come to light in the banking system.
  • 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.
  • 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.
  • BP says Lloyd's excess insurers are using delaying tactics in their attempt to transfer a Texas lawsuit involving $750mn worth of coverage for the Deepwater Horizon oil spill to New Orleans.
  • The senior management of CV Starr's accident and health subsidiary are in negotiations with industry legend Hank Greenberg to buy themselves out of the parent holding company.