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  • American International Group Inc (AIG) has been admitted on the Irish Stock Exchange with a par value of $2.50 per share.
  • New York state governor and former attorney general Eliot Spitzer has been caught arranging to meet a high-priced prostitute at a Washington hotel last month, according to reports from the New York Times.
  • Liechtenstein-based liability insurer Gable Insurance has appointed Lance Ranger as its new chairman.
  • US property and casualty (P&C) insurance rates were down 14 percent on a composite basis in February, with rates in the worst-hit sector, commercial property, falling 17 percent in the period, according to US insurance aggregator MarketScout.
  • Mirroring the aviation sector, an excess of capacity together with low losses are driving premium rates downwards, according to Aon's Aerospace Insurance Market Review.
  • Bermudian-headquartered run-off company Alea Group Holdings' outstanding liabilities now stand at around $1.5bn after a series of major commutations, the company announced in its 2007 results.
  • Lloyd's has approved Syndicate 2008 to write reinsurance to close (RITC) business, with the Shelbourne Syndicate Services Ltd (SSSL) managed vehicle already closing four open year syndicates with gross insurance reserves of around $455mn.
  • A significant reduction in the UK's run-off market has driven a EUR2bn decrease across Europe, according to a recent survey.
  • Buffett goes long on derivatives; Fairfax profits from credit bets; DIFC extends international attractions; AM Best stable on reinsurance; IRS captives tax u-turn...
  • Listed Bermudian run-off firm Enstar Group Ltd reported a drop in its full-year profits last year despite increasing its assets by over 30 percent.