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  • Jardine Lloyd Thompson (JLT) has restructured its key London market unit in the wake of chairman Andrew Agnew's sudden departure last month.
  • Flagstone Re expects claims from the New Zealand earthquake of $52.5mn net of reinstatement premiums and retrocession.
  • Swiss Re has invested $40mn alongside the World Bank's International Finance Corporation (IFC) to buy out Brazilian specialty insurer UBF Seguros.
  • UK general insurer RSA has resumed its acquisition drive with a CAN$420mn move to buy GCAN Insurance Company and its parent company, Glenstone Capital Incorporated, from the Ontario Teachers' Pension Plan Board.
  • Swiss Re CEO Stefan Lippe has overhauled the reinsurer's senior management team, bringing in new chief operating and chief risk officers and creating a number of new positions.
  • French reinsurer Scor has received a further rating agency fillip, after enjoying an AM Best upgrade on the eve of last month's Monte Carlo reinsurance Rendez-Vous.
  • The RVI Group - a specialty writer of residual value insurance in the commercial equipment, passenger vehicle and real estate markets - is looking for a buyer, among other strategic options.
  • Allied World is to move its main holding company to Switzerland, providing further evidence that Bermuda is losing its lustre as an offshore domicile.
  • Ace Group has lured Juan Andrade from The Hartford to head up its property and casualty (P&C) personal lines and small commercial business.
  • CV Starr is growing its political risk/credit business after hiring a market leading underwriting team from Chubb Group of Insurance Companies.