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  • Morgan Stanley and UBS are joint advisors for the Royal Bank of Scotland (RBS)'s restructuring plan, which includes the shedding of its European P&C insurance operations, RBS Insurance (RBSI).
  • Willis has maintained its public crusade against contingent commissions today (19 July) by distributing a white paper on the subject to risk managers, following up on the high-profile "Clients Before Contingents" campaign launched at the Rims conference in April.
  • AM Best affirms Lloyd's ratings; Heritage latest Lloyd's insurer to list on AIM; Boucher quits Endurance; Lloyd's insurers continue capacity buy-outs; Strong half for R&SA; Gallagher recruits Battman; Central Fund levy forecast to fall in 2008; et al:
  • French reinsurer SCOR looks to have struggled through a difficult month as it put another set of poor results to one side to win shareholder support for a €750mn rights issue, cautious backing from rating agencies, and a return to the security lists of le
  • The days of paying a premium to net asset value (NAV) for legacy business could be numbered as a sense of pricing discipline returns to the market...
  • Benign loss conditions in the US property casualty sector continued into the second quarter as insurers are expected to payout just $1.65bn in catastrophe claims - the lowest figure for the quarter since 2000. According to figures from research firm IS
  • Jardine Lloyd Thompson (JLT) impressed analysts with strong half-year figures, posting a 16 percent increase in turnover to £309.7mn, fuelled by organic growth that averaged 5 percent across divisions.
  • The current crisis in the money markets has led to insurers cancelling planned debt issues, The Insurance Insider can reveal.
  • Sovereign non-payment is a growing threat to international business in 2011, according to Aon Risk Solutions
  • In the same week that its parent company Fairfax Holdings released its results, (re)insurer Odyssey Re posted a 39.7 percent increase in post-tax operating income for the second quarter of 2004.