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  • Lloyd's listed insurers saw 2009 pre-tax profits surge threefold in the aggregate as benign underwriting conditions combined with a reversal of fortunes in the investment markets.
  • When Lloyd's announces its annual results on Wednesday (24 March), profits are likely to be a fifth lower than they would otherwise have been due to the hefty fees paid out to lawyers, adjusters and forensic accountants over claims, The Insurance Insider can reveal.
  • Lloyd's will unveil full-year results for 2010 that are likely to closely test the record pre-tax earnings of £3.85bn the insurance market achieved in those halcyon, post-Katrina days of 2006-07.
  • Flagstone Reinsurance Holdings has announced that its main holding company is to redomicile from Bermuda to Luxembourg, following the trend of other (re)insurers moving their tax jurisdiction away from the mid-Atlantic island.
  • Amlin is understood to be a lead market on the first of RSA Insurance Group's two treaty programmes heavily impacted by last month's Chile earthquake.
  • Loss estimates from the 27 February Chilean quake are continuing to accumulate and are likely to breach the $4bn threshold by the end of the month.
  • The Insurance Insider's annual survey takes the temperature of a legacy sector that has not seen the bumper crop of new business it hoped the financial crisis would yield at a time when the run-off market faces Solvency II opportunities and challenges...
  • Our first annual review focuses on a sector at the core of the modern productive economy, examining the key issues that affect dynamics for underwriters and insurance buyers across the upstream, midstream and downstream markets...
  • Law firm Sidley Austin has hired insurance litigators Martin Membery and Matthew Griffith from rival Pinsent Masons to join the practice as partners.
  • Alexander Baugh is to take up the newly created position of president and CEO of Chartis Europe Holdings.