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  • The growing use of management information platforms by global brokers as part of the placing process is increasingly being seen as a core source of organic revenue growth.
  • Travelers is fighting against paying claims related to multiple mortgage frauds that could reach over £50mn, after the actions of a partner at Willmetts Solicitors forced the UK law firm into liquidation.
  • Validus Holdings said it will use "all available means" - including the Bermuda legal system - to win over IPC Holdings shareholders, after its offer for the cat specialist was rebuffed by the reinsurer's board.
  • Current head of Willis Re Europe Tony Melia will be unveiled later this week as the new CEO of Willis Re International, The Insurance Insider has learned.
  • Lloyd's is expected to announce a third straight set of strong annual results for the market tomorrow (24 March), despite the investment turmoil that has swept the industry and a relatively active year for natural catastrophe losses.
  • Transatlantic Holdings and Alleghany Corp investors have overwhelmingly voted in favour of the agreed merger between the two companies at today's shareholder vote, keeping the transaction on course for a Q1 completion.
  • We reveal that Berkshire Hathaway's run-off reinsurer is poised to knock on the door of procrastinating LMX reinsurers, twenty years after the toxic Exxon-Valdez and Kuwait airlines loss spiraled through the London market.
  • A service of thanksgiving for Tom Rae's life has been arranged for his friends in the City of London, where he worked in the Lloyd's market for over 35 years. It takes place at 3pm on 13 February 2012 at the church of St Helens in Bishopsgate and is followed by a reception at Merchant Taylors' Hall on Threadneedle Street.
  • There were further developments at failed (re)insurer GoshawK last month as the London Stock Exchange-listed company continued to restructure to run-off, with a number of management changes, the announcement of a possible rights issue...
  • (Re)insurance shares recovered from a turbulent last week in the markets clawing back ground by close of trading on Friday (25 January) after falls caused by fears of a US recession.