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  • Equity analysts offered qualified approval as Swiss Re provided investors with fresh insight on how its new business structure would affect its future financial performance
  • Private equity firm New Mountain Capital has bought out Parthenon Capital's 43 percent stake in wholesale broker AmWINS in a deal valuing the business at $1.3bn.
  • Integro - the broking start-up formed amid the Eliot Spitzer investigations in 2005 by the late Bob Clements - is finally able to contemplate an exit for its private equity backers after another strong trading quarter
  • AIR Worldwide has developed a product that will help risk managers to quantify the supply-chain risk attached to catastrophe events
  • In yet another sign of the turning US property and casualty market, New York-listed retail broker Brown & Brown reported its first organic growth since the end of 2006
  • Willis Re has announced the appointment of James Beedle, CEO of Willis Re Japan to CEO of its Asian operations.
  • The number of open years at Lloyd's had fallen to just seven by the end of 2011, as the Society continued to chip away at the outstanding open years in the market.
  • Marketform Syndicate 2468's 2007 year of account is now the oldest non-life syndicate out of the seven remaining open years at Lloyd's (see table).
  • Enstar-backed Lloyd's legacy vehicle Shelbourne is in talks with fellow Lime Street insurer Jubilee over providing a reinsurance to close contract for Jubilee's run-off motor business Syndicate 1231, The Insurance Insider revealed last week.
  • The defections from beleaguered law firm Dewey & LeBoeuf have continued unabated, with 30 insurance specialists having left since the start of 2012.