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  • Kiln Underwriting has confirmed that it will write no further wind-exposed Gulf of Mexico (GOM) risks for the remainder of the 2005 hurricane season. In an interview with The Insurance Insider, Charles Franks, active underwriter on Syndicate 510...
  • Standard & Poor's (S&P) raised SCOR’s rating from “BBB+” to “A-“ last Monday (1 August), marking another step towards a position of profitability and stability for the France-based reinsurer.
  • The number of convicted industry professionals following New York attorney general Eliot Spitzer’s investigations into the US insurance industry grew to 15 last week following five more guilty pleas over fraudulent conduct.
  • The US Securities and Exchange Commission (SEC) plans to turn its sights to the hedge fund community as a target for future investigations into business practices, a spokesman said last week.
  • The three winter storms that hit the northeast US coast in February could cost $1.35bn according to catastrophe modelling firm AIR.
  • US giant property casualty insurer The Hartford announced Friday (19 December) that it has agreed a $1.15bn global claims settlement for asbestos exposures to MacArthur Company and its Western MacArthur subsidiary.
  • Middle East-headquartered Brokerage World Solutions (BWS) is launching a joint venture (JV) with Lloyd's entity Oxygen Insurance Brokers as it looks to develop its global reach.
  • The Insider’s exclusive analysis shows that Lloyd’s insurers continue to grow as they chase 2003 profits Lloyd’s Syndicates have grown their 2003 capacity by an average of 43 percent each, according to figures obtained by The Insider. The growth of
  • Benfield Group’s share price slumped in early trading today as the enervating effects of the weak dollar took its toll on the firm’s 2007 results.
  • Willis chief executive Joe Plumeri has earned around $50mn this year from selling over a third of his holding in Willis, the broker he has revitalised since joining in 2000.