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  • Following an overwhelming endorsement from shareholders last month, Aon Corp has completed its change in corporate domicile from Delaware to the UK
  • UK motor insurer/broker Hastings Insurance Group posted a 63 percent increase in pre-tax profits for 2011 to £31mn, but said its planned IPO would only go ahead when market conditions have improved
  • Private equity-backed (re)insurer Ark has posted strong 2011 full-year profits and a 10.3 percent return on equity (RoE) despite a record-breaking year for major losses in the wider Lloyd's market
  • Andrew McKenna, a confidante of Pat Ryan and long-serving Aon director, has resigned shortly after the Chicago broking giant ratified its controversial plans to move its corporate headquarters to London
  • MMC president and CEO Brian Duperreault is the inaugural chairman of the Federal Advisory Committee on Insurance (FACI)
  • Allied World Assurance Company has centralized its reinsurance operations into a single global platform led by John Bender.
  • Lloyd's has announced an overhaul in the structure of senior executives' remuneration for 2012 that will reduce bonuses while increasing the proportion of remuneration as fixed salary.
  • Omega's deputy active underwriter David Burchett, who has been with the company since 1994, has sold one million Omega shares at around 0.67x book value.
  • On the last working day before the 1 April renewal deadline, the Japanese big three insurance groups have disappointed market expectations that they would buy more excess of loss (XoL) earthquake cover
  • On the last working day before the 1 April renewal deadline, the Japanese big three insurance groups have disappointed market expectations that they would buy more excess of loss (XoL) earthquake cover