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  • Fast-expanding insurer Torus Holdings has appointed Naveen Anand – CNA Insurance’s former senior vice president of commercial insurance – as global chief operating officer.
  • RK Harrison has said that the Lloyd's broker Bowood Holdings, which it acquired in October 2008, will become the group's specialist delegated authority broker from 1 October this year, operating under the name Bowood Insurance Brokers Ltd (BIB).
  • A US federal judge has upheld a jury verdict in favour of United National Insurance Company (UNIC) in a reinsurance spat with Aon Ltd and added $8.3mn in prejudgment interest to the amount the jury awarded to take the total payout by the broking giant to
  • Bill Berkley, the CEO of US specialty insurer WR Berkley, is confident the sluggish US P&C markets are close to turning as the firm posted its second quarter results.
  • The liability claim from the Tupolev Tu-154 passenger aircraft that crashed in north-western Iran on 15 July, killing all 168 on board, is currently estimated at up to $55mn, The Insurance Insider understands.
  • Transatlantic Re saw its book value per share increase 6.9 percent in the second quarter to reach a high of $53.47 at June 30.
  • The vagaries of financial accounting standards produced contrasting results for ACE Ltd and PartnerRe.
  • WSI lowers 2009 hurricane forecast; Max subsidiary wins US approval; Miller launches Asia Pacific fac unit; Willis appointed for Hong Kong train link; Lloyd's opens Irish office
  • London market broker RFIB Holdings announced the appointment of Marshall King as CEO.
  • Despite the continued spotlight on litigation activity in the financial services sector, so far the overall number of securities class action filings in 2009 is significantly down on 2008, with a particularly sharp drop in the second quarter.