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  • Expansive Bermudian run-off manager Enstar has acquired UK insurer RSA’s legacy portfolio, British Engine, for £28mn in cash.
  • The Hartford Financial Services Group has named Liam McGee - former president of the Consumer and Small Business Bank for Bank of America - as its new chairman and CEO.
  • The EU is poised to move from being regulator to supervisor, as the European Commission launches legislation to create a pan-European insurance authority.
  • According to Lloyd's director of finance, risk management, and operations, Luke Savage, the outlook for sustaining strong investment returns remains dim for the foreseeable future...
  • Omega Underwriting Agency Ltd has submitted a revised business plan to Lloyd's to increase income on its offshore energy account for the 2010 year.
  • The mighty Lloyd's Central Fund is facing exposure to the $269mn settlements that Willis made with US insurers Assurant and CNA to end litigation relating to their disastrous involvement in the PA LMX spirals of the mid-to-late nineties, The Insurance Ins
  • Canadian combine Fairfax Financial Holdings has begun its previously announced cash buy-out of the minority interests in its affiliated reinsurer Odyssey Re for $65 per share.
  • The outgoing chief executive of Bowring Marsh, Mark Gregory, is to become CEO of Axis Global's specialty lines division, The Insurance Insider revealed last week.
  • QBE appoints head of aviation in France; Clarke to head Amlin Singapore...
  • Richard Ward, the chief executive of Lloyd’s of London, spoke out last week at the long-term damage being done to the insurance market by the UK's uncompetitive corporate tax regime.