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  • 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.
  • A group of leading UK insurers have vowed to continue their fight to overturn a Scottish law that grants sufferers of pleural plaques the right to claim compensation, after a Scottish court upheld the law in a ruling last week (12 April).
  • The European Commission's (EC) long-awaited final report into business insurance has told the industry to justify or reform its co-insurance practices.
  • 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
  • In contrast to its troubled rival, ACE Ltd - which was set up with XL on Bermuda in the mid-'80s - reported record full year 2007 net income of $2.58bn, up 12 percent on the prior year...
  • The High Court has sanctioned the first transfer of business out of a Lloyd's syndicate since the formation of Equitas ten years ago, opening the prospect of a new method to obtain finality for non-trading syndicates.
  • Royal & Sun Alliance (RSA) has continued the disposal of its legacy business with the sale of two run-off portfolios in its Scandinavian subsidiary Codan to Wasa Run-Off.
  • Novae Group is no longer the long-tail, liability-oriented business of the past and from 2011 will finally succeed in shaking its "long-term return on equity problem", CEO Matthew Fosh believes.
  • At a time when the UK's public contempt for bankers and the City of London reaches near visceral proportions, companies in the Square Mile are under ever-greater pressure to be aware of their social responsibilities.