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  • Bermudian (re)insurer Max Capital Group Ltd has posted net income of $303.2mn, or $4.75 per fully diluted share, for the 2007 financial year - a 40 percent increase on 2006 boosted by strong growth in life and annuity premiums.
  • Aon Corp CEO Greg Case believes that his firm is on course to achieve its 25 percent margin goal in its broking arm, but concedes he is not satisfied with organic growth in the business.
  • A raft of reinsurers are set to follow PartnerRe and Aspen Insurance Holdings in significantly increasing loss estimates for September's New Zealand earthquake, after the government pool notified them that its ultimate claim could more than treble.
  • Among the rare success stories of the third quarter were Fairfax Financial Holdings and its affiliate Odyssey Re – the only two companies to see equity shareholders’ funds rise in the nine months to 30 September inanalysis of reinsurers by Guy Carpenter
  • US and Lloyd's insurer Navigators reported a 6.7 percent drop in net income to $13.9mn in the second quarter as investment returns fell and top-line growth slowed
  • MMC joined the strong Q1 2011 broker results as it posted 4 percent organic growth in brokerage revenues and maintained a bullish outlook for the future
  • Private equity-backed Lloyd's insurer Ark is continuing its expansion plans with new hires and the capture of a Bermudian treaty book that it will migrate to London next year, The Insurance Insider can reveal.
  • (Re)insurance broker Lockton has continued the increasingly popular trend for building fac reinsurance business after launching a property division dedicated to the sector.
  • Reinsurance broker Carvill has published details of a new index to measure hurricane damage, the Hurricane Damage Potential Index (HDPI). Carvill says that the HPDI will give a more accurate measure of a hurricane's potential to cause damage than...
  • A programme of subordinated debt is offering a new route to capital for Lloyd's and London (re)insurers, The Insurance Insider can reveal.