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  • The two former Marsh Inc executives who were sentenced to jail time last month for their part in bid-rigging have had their sentences postponed pending their appeal.
  • GC Securities, Guy Carpenter & Co's specialist investment banking arm, is understood to be one of the areas affected by the firm’s widespread cost cutting with the expected closure of its newly formed M&A arm.
  • Naturally, RBS has indicated it would prefer to sell the insurance operations as a whole, but this could pose problems for potential buyers, not least the ability to raise sufficient funds and competition issues.
  • When IAG bought the Singapore-focussed, Lloyd's platform Alba from Whittington in 2006, The Insurance Insider observed what a tremendous deal it was for the outsourcing firm...
  • Giant Marsh & McLennan Companies, which was due to report as The Insurance Insider goes to press, has a tough act to follow with its two main broking rivals Aon Corp and Willis Group booking Q1 revenue growth despite...
  • The double digit reserve releases reported by a number of Bermudian (re)insurer's in 2007 are unlikely to continue, according to a report by ratings agency AM Best.
  • A number of Bermudian (re)insurers provided evidence of the impact of unprecedented Q1 large risk losses on profits for the period.
  • The loss-struck satellite insurance sector is facing another claim with solar array problems on a Nigerian satellite, NIGCOMSAT-1.
  • Lloyd's will pilot its new messaging hub, the Lloyd's Exchange, in the third quarter of this year, The Insurance Insider can reveal.
  • Ernst & Young is increasing its focus on (re)insurance run-off after launching a dedicated unit.