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  • A spokesperson for Commerzbank has confirmed to The Insurance Insider that "everything is still on track" in relation to the German bank’s purchase of European insurer Allianz SE’s subsidiary Dresdner Bank.
  • Tawa has agreed to purchase the Chiltington Group as it hastens its diversification away from being a pure run-off acquirer and boosts its growing footprint in the (re)insurance services sector
  • A temporary restraining order has been issued against Bermudian (re)insurer Arch Capital Group (Arch) over its poaching of a 30-strong property fac team from US rival General Reinsurance Corporation (Gen Re), The Insurance Insider can reveal.
  • The UK's Financial Services Authority (FSA) has made use of a little-known statutory mechanism to stall Pamplona Capital's plans to build a significant stake in Lloyd's insurer Chaucer.
  • When Lloyd’s insurer Beazley Group plc reports its 2005 half results on 7 September, they are likely to be higher than expected at over £35mn because of the impact of accounting changes, the company explained last week.
  •  Allied World opens in Singapore; Maiden agrees GMAC quota share with American Capital
  • According to the latest syndicate forecasts, all-time record profits from the recently closed 2006 year of account at Lloyd's are set to be followed by solid profits for the 2007 account.
  • Russian-backed private equity firm Pamplona Capital Management is still awaiting approval from UK regulator the Financial Services Authority (FSA), after conditionally building a 16.27 percent stake in Lloyd's insurer Chaucer last month.
  • The 11 insurers embroiled in a $1bn dispute with JP Morgan Chase over Enron deals will pay in the region of $655mn after a last minute settlement was reached earlier this month. Discussions dragged on through New Year's Day and the following night, wit
  • A September ruling by a US federal judge could prove central to a 20 November lawsuit brought by five Ohio pension funds against the "big three" rating agencies.