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  • Three long-serving Marsh Ltd figures are to part company with the firm.
  • All four major ratings agencies are ready to take action on American International Group (AIG) after the giant insurers shock admission that it faces far greater losses from its exposure to the continuing credit crisis than previously reported.
  • With 60 percent of Florida catastrophe premiums going to Bermuda, the island’s property cat reinsurers could be in for a windfall if legislation is passed next month to cut the temporary increase in the state fund and give $3bn of limits back to the marke
  • Two years after Kinnect was finally abandoned, Lloyd's is considering piloting a new messaging hub to exchange complex data between managing agents and brokers.
  • Bond insurer FGIC Corp has told regulators it wants to break into two in a bid to save its credit rating, according to a New York Insurance Department spokesman.
  • Airline rates rose by 10 percent in January as the airline market showed tentative signs it may have finally turned away from further softening, according to a report by Aon Aviation.
  • AM Best has become the latest ratings agency to respond to American International Group’s (AIG) admission that it faces far greater losses from its exposure to the continuing credit crisis by placing the ratings of the firm under review...
  • A third senior Marsh Ltd executive, Toby Foster, is also to part company with the firm, The Insurance Insider has learnt.
  • Zurich Financial Services Group’s (ZFS) cost cutting plans helped push the company’s profit to a record $5.6bn last year with improvements made across all its business divisions.
  • Lancashire Holdings Ltd has only traded for two years and, with its focus on specialty short-tail lines, couldn't be better timed. The lack of US natural catastrophes, energy or terrorism losses has enabled the "class of 2005" Bermudian start-up to post..