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  • Global (re)insurance broker Willis has completed its acquisition of specialist life insurance broker Charles Monat following regulatory approval
  • Lloyd's chief lobbyist Sean McGovern is the latest senior figure to speak out against the tide of anti-European sentiment that swept the polls in the recent EU elections, arguing that it could damage the market
  • Allied World has opened its first office in Australia, the Swiss-domiciled (re)insurer announced yesterday (28 May)
  • Standard & Poor's (S&P) has raised its outlook on American International Group (AIG) from negative to stable in response to the insurer's improved fixed-charge coverage on the back of stronger operating earnings and lower financial leverage.
  • United Insurance Holdings (UIH) has pulled out of a deal to buy Sunshine State Insurance Company (SSIC) from reinsurance broker US Re, throwing the future of the Florida homeowners' insurer back into doubt.
  • Ex-QBE medical malpractice underwriter Avraam Avraam has joined Mitsui Sumitomo Insurance Group (MSIG)'s Lloyd's operation, the firm announced today (28 May)
  • Global (re)insurance broker Willis has acquired a majority stake in Swedish employee benefits adviser Max Matthiessen, the company announced on 27 May
  • Guy Carpenter's head of business intelligence David Flandro has left to join JLT Towers Re as global head of strategic advisory in a move first revealed by The Insurance Insider earlier today (27 May).
  • In contrast, the island's dedicated cat specialists responded to market conditions by returning more capital to shareholders in Q1, research by The Insurance Insider's Data Room demonstrates
  • A look-up table for The Insurance Insider's universe of P&C (re)insurers