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  • Specialist Lloyd’s insurer Chaucer has announced record pre-tax profits of £38.2mn, a 6.7 percent increase on 2003’s £35.8mn figure.
  • The UK insurance industry defied the downturn in net exports that hit other areas of the financial services industry in 2009, adding £8.3bn to the balance of trade.
  • Shares in AIA Group, the Asian life insurance "jewel in the crown" of AIG, are expected to start trading on the Hong Kong stock exchange on 29 October, raising at least $17.8bn.
  • Foreign exchange losses sent PARIS RE to a $129.5mn first quarter net loss under IFRS reporting, against a comparable prior-year period net profit of $35.7mn.
  • You don't need good hand-eye coordination or well-toned muscles to push money around, points out Warren Buffett, but the fact that the combined age of his and his fellow managing partner Charlie Munger is 163 years, meant the Sage once again addressed the
  • Markel International, the London based arm of US insurer Markel Corporation, received a boost last week from rating agency AM Best when its financial strength rating was upgraded to A-.
  • Global reinsurer Scor has received approval in principle to start a new £75mn Lloyd's syndicate for the 2011 year at 1 January, a move first revealed in September by The Insurance Insider.
  • Willis Re has announced the appointment of James Beedle, CEO of Willis Re Japan to CEO of its Asian operations.
  • Industry legend Maurice “Hank” Greenberg gave his strongest hint yet that he plans to return following his ousting from insurance giant American International Group Inc in March. In an interview with Reuters last week, the 80-year old said...
  • Hannover Re is set to enter a landmark financial transaction that will lay off credit risk on its reinsurance recoverables to the capital markets, a move first revealed by The Insurance Insider in January last year.