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  • RSA has sold Guildhall Insurance Company to Enstar Group in a move that continues the group’s disposal of its legacy business.
  • Insurance specialist law firm Ince & Co has made a number of senior appointments following the decision of senior partner Peter Rogan to step down this month.
  • As Ron Sandler, chairman of Bermudian insurer Ironshore Ltd and the former CEO of Lloyd's, takes the helm at newly nationalised UK bank, Northern Rock, the bank's directors' and officers' (D&O) policy looks set for a total loss.
  • German reinsurance giant Munich Re is approaching the capital markets for the second time in a month, with a EUR150mn European windstorm cat bond, Queen Street, our sister publication Trading Risk revealed.
  • Benfield has lost part of the prized Amlin reinsurance account to rivals Aon and Guy Carpenter, The Insurance Insider understands.
  • John Cavanagh, joint CEO of reinsurance intermediary RK Carvill, has moved to Bermuda in a bid to increase the firm's distribution on the island and further expand into the US market.
  • A New York-based hedge fund is continuing its counterclaim against Fairfax Financial Holdings, accusing it of avoiding paying $400mn in taxes, despite a judge dismissing it from the Canadian firm's racketeering lawsuit.
  • Lloyd's brokers and underwriters will once again be allowed to invest and own each other if proposals to amend the Act governing the market are ratified later this year.
  • Stephen Matanle, the long-standing Marsh executive who left the firm last month as part of a widespread restructuring, has joined Libero Ventures Ltd, the new Lehman Brothers subsidiary.
  • Brokers are becoming embroiled in the West’s growing scrutiny over overseas business standards