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  • French (re)insurance giant AXA reported strong first half results for 2007 on a comparable basis with 2006, boosted further by the successful integration of Winterthur.
  • 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.
  • There were few surprises from Aon's third quarter results, as Chicago's tight grip on margins and restructuring savings enabled the firm to weather the recessionary headwinds.
  • Risk modelling firm Risk Management Solutions (RMS) is launching a series of natural catastrophe indices for US wind and quake, and European windstorm under the banner Paradex.
  • Shares in Novae Group traded down last week after the Lloyd's insurer posted a £2.1mn loss for the first half, driven by a £26mn hit from aviation reinsurance and credit insurance claims...
  • MBO execs leave as company refocuses on investment opportunities
  • Swiss Re is to sell the UK life operation it acquired as part of its takeover of GE Insurance Solutions (GEIS) in 2006.
  • Swiss Re downgraded to A+ by AM Best
  • Axis has signalled a continuation of its active capital management strategy with the approval of a new $750mn share repurchase plan
  • Analysts covering (re)insurance stocks do not reward companies with a superior track record of investment performance, according to John Gauthier, president of Allied World Financial Services.