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  • A long-awaited upturn in the price of directors' and officers' (D&O) cover failed to materialise in the final three months of 2013, according to global broker Aon's latest quarterly D&O index
  • Following visits to Lloyd's from the Queen and Prime Minister David Cameron, No 1 Lime Street will play host to U2 frontman Bono next month, The Insurance Insider has learned
  • Norway-headquartered marine insurance group Skuld has announced that from 1 February 2015 Ståle Hansen will become CEO after the incumbent Douglas Jacobsohn steps down after 14 years in the post
  • Randall & Quilter (R&Q) has finally received regulatory approval across all jurisdictions for investment management firm Phoenix to own a stake of over 10 percent in the company, it announced today (1 April)
  • Reinsurance rates have fallen sharply across most business classes for business renewing at 1 April, according to Willis Re, adding to the pressures seen at 1 January
  • The House of Lords has today rejected amendments to the proposed Flood Re structure that would have broadened the policyholders covered by the scheme.
  • Watford Re has successfully raised $1.13bn of capital including a $100mn investment by Arch Capital Group, the Bermudian start-up has confirmed.
  • The Insurance Insider's look-up table for all of the weekly, monthly and YTD share price movements of the companies in our updated composites
  • Lloyd's surpassed the £3bn profit threshold for the first time since 2009 last year, with its 80+ competing syndicates reporting a 14 percent rise in aggregated net income to £3.2bn following a lighter claims burden and higher reserve releases
  • Spanish (re)insurer Mapfre was among the strongest stock market performers last week with a gain of over 5 percent, easily surpassing The Insider 30 index of European and US insurance shares, which fell 0.22 percent