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  • (Re)insurers are not banks, says Geneva Association; Axa on M&A trail with EUR2bn rights issue; Hedge fund takes Glacier reins; IPC gains boost Validus and Max profits...
  • Mitsui Sumitomo hires senior franchise exec; Wildnet investors sell stakes; Corfield leaves Liberty; AEGIS London enters A&H; Brit parts company with PI execs...
  • The broking giant and AIG were served with a lawsuit by US commodity producer and distributor Seaboard Corp at the end of October.
  • Bermuda-headquartered Armour Reinsurance Group has lured senior Pro Group executive Steve Ryland, despite being trumped in the race to acquire Pro by Tawa plc.
  • The industry loss warranty (ILW) market was finally able to settle contracts impacted by the 2008 US hurricane season after PCS finalised its industry onshore loss estimate...
  • As the Q3 financial reporting season draws towards its close, there is growing evidence that (re)insurers’ boards are under pressure to focus on capital management.
  • As investors wallowed in financial markets despair at the start of 2009, few would have predicted the speed and size of the bounce in equities that began in mid-March.
  • The commercial energy (re)insurance market is facing its biggest loss of the year from the blowout and subsequent fire at the West Atlas rig in the Timor Sea.
  • Capita Insurance Services managing director of commercial insurance, Max Pell, has left the UK outsourcing giant to join rival firm Xchanging.
  • Losses from Central European banks fuel growing loss bill; but experts say the industry is responding well.