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  • Business processing, procurement and technology services provider Xchanging last week (5 March) announced the launch of its new insurance e-placing platform in partnership with Web Connectivity and TIW at its Service and Innovation Forum
  • Zurich Insurance Group is set to shed 800 jobs worldwide in a "streamlining" exercise aimed at saving $250mn in costs by the end of 2015, the Swiss carrier said today (11 March).
  • UK home and motor insurer Esure on Tuesday (11 March) said its 2013 profit edged 2.5 percent higher, as subdued claims and cost controls helped counterbalance weak motor insurance prices.
  • Hannover Re, the world's third-biggest reinsurer, on Tuesday (11 March) reported a better-than-expected 5.4 percent increase in its 2013 profit, with a robust performance in its core non-life reinsurance business offsetting a downturn at its life and health arm.
  • This month, we are launching our revamped data pages for the The Insurance Insider's universe of P&C (re)insurers.
  • Weekly share price movements for The Insider 30 and the biggest individual movers.
  • The top Republican tax legislator in the US Congress late last month proposed a measure that would see the largest US insurers forced to pay a quarterly 3.5 basis point tax on all assets over $500bn.
  • Acquisitive legacy-to-live carrier Enstar posted a 24 percent increase in its profits for 2013, helped by strong growth in premium income following a series of takeovers during the year.
  • Brazil has applied to the European Insurance and Occupational Pensions Authority (Eiopa) to be granted third-country equivalence under Solvency II, which will give it the same status as EU-domiciled countries when the new capital regime comes into operation.
  • US carrier Penn National has been put on negative outlook by Moody's due to a legal dispute with UK-listed run-off acquisition firm Tawa over a reinsurance policy covering a number of lead paint liabilities.