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  • Independently-owned UK broker Heath Lambert Ltd has pledged to diversify regionally through new hires and office openings.
  • Hilb Rogal & Hobbs (HRH) said it has seen a “significant improvement” in the performance of its London market broker Glencairn.
  • Lloyd’s (re)insurer Kiln plc released full details of its investment portfolio last week, as market uncertainty continued over insurance company’s exposure to sub-prime debt and collateralised debt obligations (CDOs).
  • European multinationals could access more favourable terms and conditions on their property insurance if they shopped beyond their domestic market, according to a report published last week by broker Aon.
  • Aon Corp is poised to invest in Sharebridge Holdings, the soon-to-be launched vehicle that aims to funnel the vast insurance spend of companies controlled by the private equity industry, The Insurance Insider can reveal.
  • An improved showing from American International Group's (AIG) P&C division helped the US insurance giant generate third quarter operating profits that were just ahead of Wall Street expectations.
  • German financial services giant Allianz AG's 2007 financial year results hit a historical high, with net income increasing 13.5 percent to EUR8bn accompanied by a proposed 45 percent dividend hike to EUR5.50 per share.
  • 103 Gets The Bird As predicted in The Insurance Insider in our October 1999 edition, Transamerica Occidental Life has won its second PA LMX arbitration. Following on from its success with D&H/Chubb, the US reinsurer has avoided its reinsurance...
  • Zurich Financial Services is expanding in Norway and Denmark through two new branches of Zurich Insurance Ireland Ltd (ZIIL).
  • Anxious investors are awaiting the release of fourth quarter results from a number of banking groups this week, with concern mounting over the size of sub-prime related losses yet to come to light in the banking system.