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  • Strong results prove SCOR bid undervalued, says Swiss rival
  • Canopius has agreed to buy the renewal rights to Alea’s North American facilities (re)insurance business, which will now be written through its Syndicate 4444. Under the agreement Alea will get 5 percent of gross written premiums over the next two...
  • Bermudian Argo Group International Holdings posted a first-half profit of $59.9mn for 2008 - a 30 percent increase despite being hit by storm losses.
  • Lloyd’s underwriting members will provide a compulsory loan from next year as part of a scheme to grow the Society’s central assets and improve its financial strength ratings.
  • Lloyd's has continued its recruitment drive to push process reform with the hiring of Anne Rannie from UK (re)insurer Hiscox Ltd.
  • Swiss reinsurer Converium has reported a successful 1 April non-life renewal season as the company continues on the road to recovery.
  • A hard core of companies who wrote reinsurance on the Sempra liability programme are continuing to resist payment, though no party in the acrimonious stand off has yet...
  • The influential body LMG in the process of overhauling the structure of its programme management team, following the leak of a highly critical internal report on its eAccounting project, as revealed by The Insurance Insider.
  • Bermudian reinsurance vehicle Third Point Re shone brightest last week with its share price leaping by 9.45 percent, while US specialty insurers RLI and Navigators enjoyed climbs of 4.75 percent and 4.01 percent respectively. Other stocks doing well include Ace Ltd...
  • Despite raising earnings expectations on improved prospects at UK insurer Royal & Sun Alliance (R&SA), analysts at Morgan Stanley believe the company’s stock is overvalued. Equity analysts Jon Hockling and Kathy Fear increased 2006 earnings forecasts..