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  • Claims from the New Zealand earthquakes are causing a number of legal cases that test insurance coverage issues, two New Zealand lawyers told International Underwriting Association (IUA) members in London late last month
  • Professional indemnity insurers are facing a nervous wait over potential claims from the Libor-fixing allegations that have engulfed a number of global banks in London. Barclays Bank's A side policy - placed by Marsh and led by XL - could be exposed...
  • Trading Risk announced the winners of our 2012 awards, who were revealed last month at a ceremony held in London before an audience of more than 200 convergence market luminaries
  • The Lloyd's Claims Transformation Programme (CTP) reduced the time taken to process claims transactions in the London market by 44 percent by the end of May, according to a 28 June update from Lloyd's head of claims David Lang.
  • A new listed ILS fund, DCG Iris, has raised £40.1mn in its initial public offering managed by Dexion Capital
  • Munich Re has launched a new dual-peril Queen Street Re cat bond in the first ILS issuance since the hurricane season opened
  • Swiss shuffle; $500mn SAC Re launch; Aviva downsizes; Aon Alliant duel continues; RSA debt; Amlin moves; AIG rebrand; Goldman Sachs downgraded; Labuan Re 123% CR; Sidecar restarts; Bean leaves Brit…
  • Insurers are renewing their interest in collateralised debt obligations and related structured finance securities as they look for yield opportunities amid a low interest and rating environment
  • Axis Capital founder John Charman faces a potentially lengthy wait if he intends to return to the market following his ousting from the Bermudian (re)insurer in late June...
  • Munich Re has bought a $200mn "Replicat"-style cover based on the underlying exposures of its American Modern Insurance Group to provide additional protection to its US operations, The Insurance Insider can reveal...