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  • 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.
  • UK Prime Minister David Cameron has said he is "very sympathetic" to the idea of banning referral fees and hopes to make progress on the issue.
  • Aon has obtained a temporary court order in Illinois to restrain its former construction services CEO Peter Arkley and other senior executives from seeking to poach clients or former colleagues, The Insurance Insider understands
  • Analysts gave a mute assessment of SCOR's interim results despite a 42 percent rise in net profits at the French (re)insurer, sending the share price of the company down 6 percent.
  • As the wide spread of the global credit crisis becomes clearer, more insurers are investigating protection against reinsurer default, according to reinsurance broker RK Carvill.
  • Munich Re regained its targeted AA- rating from Standard & Poor’s (S&P) last month with the rating agency upgrading the German giant from A+ and assigning a stable outlook on 22 December.
  • Zurich Financial Services (ZFS) - the enduring frontrunner in the race to buy Royal Bank of Scotland's up-for-sale insurance businesses - overcame a significant hurdle last week when reports confirmed that the firm had its financing in place.
  • Hannover Re has almost doubled its Thai loss to EUR196mn from the preliminary EUR100mn estimate it gave during a Q3 earnings call, as it unveiled full-year profit guidance that exceeded targets
  • As first revealed by The Insurance Insider on 6 February, Lloyd’s has chosen the former head of the International Petroleum Exchange (IPE) Dr Richard Ward to become the next chief executive of Lloyd’s following the departure of Nick Prettejohn at the...
  • Gallagher International intends to grow by bolt-on acquisitions in the UK, mirroring its successful US model, CEO Patrick Gallagher said in the firm's Q2 earnings call