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  • As the second quarter earnings season begins in earnest, asset drag and casualty reserve releases are expected to emerge as dominant themes, while investors will look for guidance on the spate of weather-related losses and potential sub-prime liability...
  • Bermudian (re)insurer XL Capital's woes appear to have deepened this week with at least one insurer, understood to be Chubb, taking the company off its security list for facultative placements, The Insurance Insider can reveal.
  • Oval Insurance Broking Ltd has appointed Marcus Simeoni to head up its London market casualty team.
  • Hannover Re received its second ratings boost this year when AM Best upgraded its issue credit rating from A to A+ and affirmed its A financial strength ratings with a positive outlook last week.
  • Growth is imperative for insurers despite the fact that recent history warns that the pursuit of growth in the insurance industry should be eyed skeptically, says a report by analysts at US investment bank Morgan Stanley.
  • Second quarter US cat losses, which the ISO has revised upwards to $6.03bn, are likely to hit the bottom line of personal as well as commercial lines insurers, according to the latest analysis from Fox-Pitt, Kelton.
  • Reinsurance broker Guy Carpenter & Company said there were no surprises as the market continued to soften at the 1/7 renewals.
  • As the global credit crisis continues to widen and deepen, separating companies whose share performance signals underlying concerns over the sub-prime fallout from those dragged down by the general stockmarket malaise is becoming increasingly difficult.
  • Imagine Group Holdings Ltd's chief underwriting officer Robert Forness is to leave the (re)insurer to head up Hiscox Bermuda, The Insurance Insider revealed today (21 July).
  • Imagine Group Holdings Ltd's chief underwriting officer Robert Forness is set to leave the (re)insurer to head up Hiscox Bermuda, The Insurance Insider can reveal.