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  • Industry veteran Charlie Cantlay, the chairman of Aon Benfield's Global ReSpecialty team and its UK operations, is set to leave the broker after 15 years.
  • American International Group (AIG) paid off its credit facility with the Federal Reserve Bank of New York (FRBNY) last week, taking a significant stride towards independence from the US government in the process.
  • Two London market brokers have been subject to Section 166 investigations by UK regulator the Financial Services Authority (FSA) in the last year.
  • New York-based hedge fund Carlson Capital has acquired significant stakes in recent Lime Street M&A targets Omega and Hardy, according to regulatory filings
  • US tort costs decreased by 2.7 percent to $248bn in 2009 but increases are likely in 2010 and beyond, according to the latest study from Towers Watson.
  • Aspen Insurance Holdings has parted company with the head of its US insurance operations, Bill Murray, The Insurance Insider can reveal.
  • UK-quoted Randall & Quilter may have given a clue to the eventual succession of founders Ken Randall and Alan Quilter with the promotion of Tom Booth to an executive director.
  • The ratio for London market premium versus estimated units of exposure for the last five years peaked in 2006, data from a Hiscox company presentation shows.
  • The Lloyd's Franchise Performance Management Directorate has introduced two new realistic disaster scenarios (RDS) to stress test individual syndicates and the market against Gulf of Mexico energy.
  • Lloyd's specialty insurer Marketform has come through an investigation by the Financial Services Authority (FSA) unscathed, The Insurance Insider understands.