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  • The former vice chairman of transition planning and chief administrative officer at American International Group (AIG), Richard Booth, has joined reinsurance broker Guy Carpenter as vice chairman, effective 7 July
  • CV Starr has tied up with Talbot Underwriting Ltd and QBE to launch a $75mn consortium to write US construction risks at Lloyd's.
  • Guy Swayne, CEO of Flagstone Réassurance Suisse – the Swiss subsidiary of Flagstone Reinsurance Holdings – will return to Bermuda to resume his role as chief underwriting officer for the reinsurer’s international team.
  • Catlin Group has named former Swiss Re chief investment officer Benjamin Meuli as incoming CFO to replace Christopher Stooke, who is set to leave the (re)insurer later this year.
  • Alea Group has sold its UK arm to Bermudian based run-off acquisition firm Catalina Holdings at a “slight discount” to book value.
  • CV Starr has tied up with Talbot Underwriting Ltd and QBE to launch a $75mn consortium to write US construction risks at Lloyd's.
  • Fitch changes RGA's outlook to negative; S&P goes negative on Gard; CIC takes over supervision of China Re
  • After revealing it was discussing selling a portion of its interest in French insurance broker Gras Savoye & Cie, global broker Willis has reiterated its strong commitment to the leading Gallic intermediary.
  • Independent London market (re)insurance broker BMS saw profits climb last year even though revenues fell slightly from £45.3mn to £42.6mn.
  • UK-quoted broker Thompson Heath Bond Group plc (THB) has pointed to sluggish insurance markets for a fall in the group's earnings at the six-month stage.