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  • Marsh has raided rival Willis to secure the services of Ann Longmore as the new multinational practice leader of its Finpro practice in New York.
  • Berkshire Hathaway has had the outlook on its ratings and those of its core (re)insurance operations revised from negative to stable by Standard & Poor's (S&P) to reflect improved capital adequacy.
  • Pressure is mounting on pricing in the US commercial property casualty market, according to the latest survey of buyers by Barclays analysts.
  • Florida's Citizens Property Insurance Corporation expects to reduce rates for almost 70 percent of its policyholders in 2015 in part because of its ability to access additional private reinsurance at a lower cost.
  • A look-up table for The Insurance Insider's universe of P&C (re)insurers
  • M&A advisory and capital markets specialist Scott Maries has left his position as a managing director at JP Morgan to join Enstar, The Insurance Insider has learned.
  • Jack Gressier has stepped down as chief operating officer at Axis Capital after 12 years at the Bermudian (re)insurer.
  • Shares in the London-listed Lloyd's (re)insurers fell nearly 2 percent last week, underperforming compared to their US, Bermudian and European rivals, and lagging behind both the S&P 500 and the FTSE 100 share indexes, which rose 1.3 percent and 0.6 percent respectively.
  • Industry bodies including the Risk Management Society (Rims) and the American Insurance Association (AIA), as well as broker Aon, have supported the introduction of legislation to renew the Terrorism Risk Insurance Act (Tria) to the House of Representatives.
  • Consumer complaints received by UK regulator the Financial Conduct Authority (FCA) relating to insurance contracts fell by 75 percent in 2013-14 from the previous period, according to a report from law firm Pinsent Masons.