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  • Ratings agencies – which have become known in some quarters as the de facto regulators of the (re)insurance industry – are to be regulated themselves.
  • Buffy, the long-suffering Lloyd's Name, rails against Lime Street's capital rules
  • The bitter dispute between rival London market brokers BMS Group and CJ Coleman (CJC) has erupted again, The Insurance Insider can reveal, after former managing director of BMS Harris & Dixon Ltd (BMS H&D) John McCormack allegedly breached restrictive cov
  • UK-listed legacy vehicle Tawa plc saw deepening losses in the bond portfolio of its run-off subsidiary CX Re drag it to a 2008 after-tax loss of $42.4mn.
  • Run-off (re)insurer Alea Group turned around its 2007 post-tax loss of $78.2mn with a 22.5 percent reduction in its liabilities from $1.5bn to $1.2bn and a profit of $3.9mn.
  • Troubled outsourcing firm Axiom Holdings is believed to be considering job cuts as part of the terms of its proposed acquisition by Charles Taylor Consulting.
  • Aon launches investment firm; Willis hires new capital markets head; Kepler Re wound up early
  • German insurer returns to ILS market with novel structure; but sharks circle legacy transactions...
  • The success of a controversial $45mn claim from Stanford Financial Group (SFG)'s former chief investment officer (CIO) against a number of Lloyd's insurers will boil down to the specific wording of the original directors' and officers' (D&O) policy in whi
  • Lockton International is outsourcing its London professional indemnity (PI) claims broking department to commercial liability claims specialist Devonshire Claims Services (DCS).