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  • As reported in the March issue of The Insurance Insider, City grandee Michael Spencer has joined the board of London market start-up Oxygen Holdings plc.
  • Benfield Group Ltd has appointed former RennaisanceRe president Bill Riker as a non-executive director.
  • Brit Insurance Holdings has replaced Collins Stewart as its joint house broker and corporate adviser, only days after the stockbroking firm's chief executive became embroiled in a war of words with the Association of British Insurers (ABI).
  • France-domiciled insurer Axa plans to invest EUR10bn in infrastructure debt over the next five years through the real estate unit in its wealth management arm Axa Investment Managers.
  • The damages that US wholesaler CRC Insurance Services was awarded against a former star broker who allegedly fabricated sales figures has been overturned by a California appeals court.
  • Swiss Re said it is "very well positioned" to enter January 2010 renewal discussions, but will focus on quality instead of quantity as it faces up to the pricing problems in key European markets.
  • Former Swiss Re executive Shirley Beglinger has called for collaboration in the industry after it was estimated a quarter of insurers are unprepared for Solvency II.
  • The renewal of the flagship Lufthansa airline account last year highlights the soft market for airline insurance, The Insurance Insider can reveal.
  • Shares in Lloyd’s (re)insurer Beazley Group plc rose by around 6 percent this morning (30 July) as it reported a doubling of profits in the first half of 2007 on the back of income growth, low claims and rising investment income.
  • Shares in Lloyd’s (re)insurer Beazley Group plc rose by almost 6 percent this morning (30 July) as it reported a doubling of profits in the first half of 2007 on the back of income growth, low claims and rising investment income.