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  • Barclays Capital analysts have downgraded their outlook on Bermudian reinsurer Everest Re's stock, despite both Standard & Poor's (S&P) and AM Best saying that they are unconcerned by the unexpected resignation this week of CEO-in-waiting Ralph Jones III.
  • Standard & Poor's (S&P) has raised its outlook on Swiss Re to positive, edging the reinsurer closer to restoring its coveted AA rating.
  • The 40 potential buyers vying to acquire troubled Irish insurer Quinn have been whittled down to a shortlist of five that includes Anglo Irish Bank, Travelers Insurance and Liberty Global.
  • European insurance giant Zurich Financial Services Group has expanded its operations in the Middle East with the acquisition of 99.98 percent of privately owned Lebanese insurer Compagnie Libanaise D'Assurances.
  • Bermudian-headquartered Lloyd's (re)insurer Hardy Underwriting has established a Singapore office within the Lloyd's Asia platform, a move the group said recognises the growing significance of the Asia Pacific economies.
  • Bermudian reinsurer Everest Re saw its shares fall around 4 percent today after the surprise announcement that its retiring CEO Joseph Taranto would delay his departure following the sudden departure of his heir apparent.
  • Political risk continues to attract new capacity; Ace's M&A shop; Hartford raid; Alpine relocation continues;Way $250mn Lightyears ahead...
  • Bolt to get tough on claims laggards; Big John's back; Playing the Dane; Omega energy team quits; Capita gets Hope
  • More US broking start-ups emerge; BMS lands former Glencairn CEO Cook; TigerRisk still on prowl in London; Lloyd & Partners boost from JLT's Agnew loss; Hyperion acquires Asian hub Accette
  • The audacious hire of some 200 executives from US wholesaler CRC by Pat Ryan earlier this year followed a failed management buy-out approach by CRC's senior executives, The Insurance Insider can reveal.