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  • Aviation insurers fell to a loss in 2010 as claims again broke through the $2bn barrier
  • The public authority that runs the Washington DC metro has sued Aon for negligence following a dispute spawned by a train crash in June 2009 that killed nine people and seriously injured a number of others
  • UK and international P&C insurer RSA has issued a profits warning ahead of its full-year results, as exceptionally cold UK weather in November and December added £110mn in unbudgeted additional claims costs
  • The UK reinsurance broking arm of New York-listed consultancy giant Towers Watson has filed 18-month accounts showing that it booked pre-tax profits of £15.8mn on revenues of just £57.9mn
  • Bermudian reinsurer Everest Re has parted company with Tom Jackson, the general manager and chief underwriting officer (CUO) of its London branch office, The Insurance Insider has learned.
  • Aviation premium written in Lloyd's looks set to decline in 2011 as the aerospace market responds to a series of loss-making years, The Insurance Insider can reveal.
  • Lloyd's is concerned that it will struggle to maintain profitability in 2011 as it wrestles the twin challenge of falling rates and diminishing investment yields, according to CEO Richard Ward.
  • Platinum Underwriters Holdings has agreed to pay almost $50mn to rival RenaissanceRe to buy back share options that it awarded when it went public in 2002.
  • Lloyd's insurer Hiscox may have joined its much-vaunted peer Amlin as investors' Lloyd's insurer of choice, a new analyst note suggests
  • Lloyd's (re)insurers Hiscox, Beazley and Brit can expect a combined $110mn hit from the New Zealand earthquake, Keefe Bruyette & Woods analyst Christopher Hitchings estimates