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  • The bitter battle between run-off groups Enstar and Randall &Quilter (R&Q) will be fought in the UK after the English Court of Appeal upheld a jurisdictional ruling last week in the dispute over the US legacy insurers Seaton Insurance Co and Stonewall Insurance Co.
  • The heavy first half of the year for catastrophe losses took its toll on Scor as the French reinsurer registered a combined ratio above 100 percent.
  • The first ever attempt to publicly float an evergreen reinsurance sidecar has failed after Catlin Group pulled the plug on the listing of Long Bay Re, scheduled for tomorrow (4 June).
  • Canadian combine Fairfax Financial Holdings said the restatement of its results led to a reduction in shareholders' equity by $235.3mn as at 31 March. But as a consequence, net earnings for the first-half and second quarter of 2006 were...
  • Maurice "Hank" Greenberg - former CEO of American International Group (AIG) - has sold the majority of his remaining shares in the insurance group to UBS.
  • International law firm Dewey & LeBoeuf LLP (D&L) has been filed with a staggering $3bn lawsuit brought by the Missouri Department of Insurance and liquidator Albert Riederer, over claims it "misadvised" defunct US life insurer General American (GA).
  • Lloyd's insurer Chaucer has said it aims to acquire the balance of £7.9mn of capacity on Syndicate 1084 through its subsidiary ALIT (No. 1) Limited.
  • Russian-backed private equity investor Pamplona Capital Management is reported to have withdrawn its application to the UK's Financial Services Authority (FSA) for approval to build on its 9.99 percent stake in Lloyd's insurer Chaucer.
  • John Edwards exits Aon Benfield; New chairman for Lexicon; Ramage joins Whittington...
  • After the heavy cat losses of 2010-11, Omega has warned that the non-aligned Lloyd's syndicate through which it writes the vast majority of its business is likely to incur a loss for the 2011 year of account.