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  • Former Independent Insurance executive Keith Rutter has left (re)insurance broker Lockton International for AmTrust as the expansive US insurer looks to grow its London presence.
  • Despite booking its first ever quarterly loss, Bermudian (re)insurer Lancashire Group offered a bullish assessment of prospects in the market, as it heralded a return to hardening conditions.
  • Transatlantic Re's determination to protect its interests as its embattled majority shareholder seeks to sell its stake is deterring potential buyers, The Insurance Insider can reveal.
  • UK broking giant Aon Limited has appointed Pauline Colving to be UK chief risk officer.
  • Fitch Ratings group managing director Keith Buckley has said the (re)insurance industry is currently a "dicey environment", warning "not to be scared as to what happens to this industry is to not be paying attention".
  • The US property casualty industry's statutory surplus at the end of the third quarter is projected to have fallen by as much as $42bn, or 8 percent, from the start of the year, according to a report by Towers Perrin.
  • Despite a growing voice from the (re)insurance sector supporting the view that the market is turning, some observers believe that a return to hardening conditions across the board remains distant - even amidst mounting pressure on both sides of the balanc
  • American International Group (AIG) announced the appointment of key executives last week it hopes will steer it through the current crisis that threatens to engulf the US insurer.
  • Shares in beleaguered American International Group (AIG) plummeted a further 18 percent in early trading today as fears grow that the company may be running out of time to sell assets to pay off its mounting government debt burden.
  • Brit Insurance Holdings plc has pulled out of its binding authority agreement with aviation managing general agency (MGA) Augsburg Re, The Insurance Insider can reveal.