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  • Aon Ltd, the UK operation of the Chicago-based global broking giant, has agreed a deal to buy niche trade broker Supercover Holdings Ltd, as it continues to snap up specialist firms to boost distribution.
  • Bermudian-headquartered run-off specialist Enstar Group Ltd has announced that its wholly-owned subsidiary, Royston Run-Off Ltd, has won the race to buy Unionamerica Holdings Ltd, the discontinued UK-based operations of Travelers for $343.4mn.
  • A UK commercial court judge continued to weigh up issues of fraud definition and jurisdiction as both sides in the long-running dispute between Randall and Quilter (R&Q) affiliate Cavell USA and private equity-owned Seaton Insurance Co and Stonewall Insur
  • A financial report from Atlas partners LLP has alluded to factors that point to the end of the soft market.
  • Global stock indices rebounded from their spiralling falls last week on news of a central bank co-ordinated rescue plan to provide emergency funding to countries hit by the credit crunch.
  • Troubled Australian insurer Insurance Australia Group (IAG) is continuing to seek potential buyers for its Singapore-focussed Lloyd's operation Alba, with AMTrust and Asia Capital Reinsurance Group (ACR) thought to have expressed an interest in the platfo
  • Jardine Lloyd Thompson has announced that Warren Dann will join its Global Risk Solutions (GRS) division as sales leader on 16 October.
  • A survey of senior level members of insurance brokerage firms carried out by market data provider Advisen suggests that most brokers are "very confident" or "somewhat confident" in AIG after the $85mn federal bail-out, and only a small percent are advisin
  • Janet Edey and Mathew Carr, two underwriters with 35 years experience in D&O between them, have been appointed as joint leaders of Novae's Syndicate 2007 management liability unit.
  • Expansive Lloyd's insurer Hardy Underwriting Bermuda Ltd has hired a five-strong team from HSBC that will bring renewal rights to a portfolio of high net worth property business.