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  • SCOR chairman and CEO Denis Kessler has confirmed the global reinsurer's interest in greater participation in the Lloyd's market, The Insurance Insider can reveal.
  • Insurance outsourcing firm Axiom Consulting has parted company with CEO Vince Wooding, after a strategic review decided a more commercial approach was needed to drive the business forward.
  • Those inclined to a "half full" interpretation of the global insurance industry were encouraged this month by two relatively upbeat reports.
  • UK financial services group Prudential Plc has delivered a 13 percent increase in new business, at £729mn for the first quarter of 2008, despite a "challenging" economic environment.
  • Aspen Insurance Holdings was the most active buyer of its shares during the first quarter
  • A service of thanksgiving will be held on Wednesday 30 May in the memory of the well-known and much missed reinsurance broker Peter Allen, who passed away recently.
  • Capita, the giant UK outsourcing firm, has completed the acquisition of run-off consultants Claims Management Group Ltd (CMGL) for consideration of £32mn from UK private equity firm Sovereign Capital Partners LLP.
  • A cat-free first quarter contributed to operating profits at Aspen Insurance Holdings increasing to $85.7mn from $70.5mn in the prior-year period.
  • News Corp shareholders have amended a lawsuit accusing the Rupert Murdoch-led firm of nepotism to include accusations of poor corporate governance at the company leading to the News of the World (NoW) phone hacking scandal.
  • Deciding the London structure for the combined reinsurance intermediary was always going to be awkward, but this morning senior brokers at the soon-to-be merged firm discovered their new lines of responsibility, The Insurance Insider can reveal.