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  • Investment returns is continuing to be a clear differentiator for the quoted run-off firms that posted a mixed bag of 2010 interim results last month
  • Glacier Re's demise as a live underwriter was completed at the end of August with the announcement that its portfolio of business has been placed into run-off with immediate effect
  • In an unprecedented move, Aon and MMC have teamed up to create a facility to offer $1bn+ of excess liability cover to oil companies for control of well and pollution clean-up costs, The Insurance Insider can reveal.
  • In a potentially pivotal decision, Rhode Island regulators recently gave an initial green light to the first accelerated US run-off plan
  • Innovative restructurings and M&A in the run-off market continued this summer demonstrating that, despite its dowdy reputation, the legacy industry continues to embrace new solutions for dealing with old business
  • This month is set to be a busy one for litigation connected with the collapse of Stanford Financial Group (SFG) and its alleged $7bn+ Ponzi scheme
  • A further chapter in the spate of litigation unleashed by American International Group (AIG) and its former CEO Hank Greenberg was closed last month, with insurers on the directors' & officers' (D&O) programme agreeing a $90mn settlement
  • As the reinsurance industry prepares to converge on Monte Carlo for the annual Rendez-Vous, news emerges of another collateralised reinsurance fund that is set to appear on the island later this year.
  • Disgraced financier Allen Stanford's legal team expects a ruling this month on their battle with Stanford Financial Group's (SFG) London market insurers over payment of legal fees, court documents reveal
  • US broker AmWins has reached an uneasy court-ordered truce with Patrick Ryan's start-up Ryan Specialty Group (RSG) and its new wholesale broking arm R-T Specialty over litigation sparked by a defecting broker