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  • Former Jubilee Group CEO Johnny Rowell is suing his former employer for an undisclosed sum in a suit that is rumoured to include a claim of wrongful dismissal, The Insurance Insider can reveal.
  • Pat Ryan paid around 14x projected earnings for US wholesale broker Westrope, underlining once again the lofty multiples that intermediaries in this part of the market are commanding, The Insurance Insider estimates.
  • Safepoint Insurance Company looks likely to become the latest Florida insurer to launch with a mandate to depopulate policies from state-backed carrier Citizens, The Insurance Insider can reveal.
  • Lloyd's deputy chairman Graham White has hit back at voices in the market that have appealed for Richard Ward's replacement as Lloyd's CEO to be a chief operating officer.
  • There is growing speculation on Lime Street that Lloyd's has retreated from the over-ambitious person specification it had when the hunt for Richard Ward's successor as CEO was launched.
  • Smaller Lloyd's carriers at risk of being marginalised by alternative capacity and the line size bidding war it has catalysed are fighting back by creating a catastrophe consortium to write US business, The Insurance Insider can reveal.
  • Aspen Insurance has appointed former Zurich Insurance Group executive Ann Haugh to the newly created role of joint global chief underwriting officer and chief operating officer in an effort to integrate its business more closely.
  • One of the worst storms on record struck the Philippines late last week, causing major devastation as it tore through the central islands of the archipelago.
  • Lancashire completes; Novae down; Navigators beats; Buyback; Canopius hires; Third Point board; Allied World launch; Howden acquires; EUR2.3bn storm; Asia boom; Asia boom; Xchanging binders; Household profits; SMMI ratings; Argo buyback; Beazley ‘on course'; Aviva misses; MMC solid; Blue Capital target; Equity recruits
  • Shares in RSA, the UK's biggest non-life insurer, plummeted on Monday (11 November) after accounting irregularities at the company's Irish operation forced it to issue its second profit warning in a week late on Friday.