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  • The Latin American departures from former independent reinsurance broker Benfield Group after its 2008 takeover by Aon Corp continue as the CEO of its Mexican operations Albert Fischl has left the firm, The Insurance Insider can reveal
  • Barbican Syndicate 1955 became the latest Lloyd's start-up welcomed into the fold in November, the eighth new venture approved this year combining to bring in excess of £650mn fresh capacity to the market for 2008.
  • Aon and Willis followed world's largest broker Marsh in announcing first quarter results last month. Marsh had earlier released figures revealing an almost doubling of earnings from $129mn to $238mn - despite revenues falling...
  • Arthur J Gallagher International’s new joint venture onshore/offshore "boutique" energy subsidiary has begun trading as Alesco Risk Management Services, as predicted by The Insurance Insider.
  • The Office of Fair Trading (OFT) has cleared Aon Corporation's proposed takeover of reinsurance broker Benfield Group, removing one of the final potential obstacles to the deal.
  • A third senior Marsh Ltd executive, Toby Foster, is also to part company with the firm, The Insurance Insider has learnt.
  • A Bermuda-based protection and indemnity (P&I) club was left fighting for its life on 18 November as it headed to court to challenge a provisional liquidation order.
  • Maurice “Hank” Greenberg-controlled private company Starr International (SICO) did not misappropriate assets from an American International Group (AIG) trust set up to provide compensation for senior AIG executives, a US federal jury has ruled.
  • Newly floated Bermudian reinsurer Aspen is expanding its US property reinsurance underwriting with a new team based in Connecticut.
  • The brokers working to achieve peer-to-peer initiatives with the “gang of six” Lloyd’s underwriters have been revealed as Aon, Benfield, Willis and Marsh. The “gang of six”, or G6, is the breakaway group of powerful insurers which has combined with...