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  • The European insurance watchdog has warned that the continent could be facing a full-scale "meltdown" without decisive and comprehensive action from policymakers to reassure markets.
  • Despite its penchant for self-insurance, UK energy company BP purchased a $400mn Side A directors' and officers' (D&O) policy in the commercial market via broker Marsh Ltd, The Insurance Insider can reveal.
  • French reinsurer SCOR has no "material" exposure to the US financial guarantee market and the monoline insurers that have been hit by the global credit crunch, the group revealed.
  • If dancing swallows is one of the first signs of summer in England then another is the annual legacy ritual of the Norwich Rendez-Vous, which takes place between 7 and 9 June.
  • The debate about broker remuneration tends to evoke as much hysteria from one side as it does paranoia from the other.
  • Warren Buffett-led Berkshire Hathaway suffered catastrophe losses of $500mn in the industry's bruising first quarter.
  • Private equity-backed insurer Torus is experiencing rapid growth in its casualty profile and is expected to post a modest pre-tax profit for 2009.
  • Class of 2005 reinsurer looks to be the first start-up on AIM since PRI As exclusively revealed in the December 2005 issue of our sister title The Insurance Insider, Bermudian start-up reinsurer Lancashire Holdings Ltd is set to float on the London...
  • Harvey McGrath is to step down from his position as chairman of UK life insurance giant Prudential next year once a successor has been found.
  • Lloyd's insurer Beazley Group plc shrugged off fears of declining liability rates, by saying it had benefited from a 3 percent average rate rises in its casualty book in the first half of the year.