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  • Independent London market (re)insurance broker BMS announced it has appointed Carl Beardmore as CEO of the group holding company.
  • Lockton International is to transfer its broking business into a newly created limited liability partnership (LLP) before the close of the 2010/11 financial year, according to accounts filed with UK company register Companies House.
  • US broker AmWins has reached a court-ordered truce with Ryan Specialty Group (RSG) and its new wholesale broking arm, R-T Specialty, over litigation sparked by a defecting broker.
  • Munich Re-owned Lloyd's managing agency Beaufort will not offer third party investors capacity in its specialist retrocession Syndicate 2318 in 2011, and may even decide not to proceed with the facility.
  • Argo Managing Agency is attempting to lure an underwriting team that would be "expected to write a material amount of premium".
  • The Lloyd's insurance arm of Bermudian-domiciled Omega Insurance Holdings has parted company with its managing director Andrew Adie.
  • Lloyd's insurer Canopius revealed it has commissioned a third party actuarial review of recently acquired Lloyd's motor underwriter KGM Syndicate 260.
  • As it struggles with a vast deterioration in claims, the management of motor insurer Equity's Syndicate 218 said that Lloyd's believes the company's 2011 business plan will restore the syndicate to profitability.
  • The independent Lloyd’s insurer Jubilee Group has reshuffled its senior management and board after the surprise departure of CEO Clive Buesnel last month.
  • Flagstone-backed Lloyd's start-up Apollo Syndicate 1969 has purchased additional reinsurance for 2010, having written business with potentially greater exposures than envisaged in its business plans.