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  • Lloyd's (re)insurer Beazley Group has set up a new division focusing on political and contingency risks.
  • Sustained profit performance bolstered by prior-year reserve releases emerged as a common theme among Bermudians reporting fourth quarter and full year 2007 results.
  • ECF figures improve after re-audit; P&I reinsurance structure static, but costs rise; Lloyd's capacity static for 2008; THB finalises PWS deal...
  • A New York court has recognised the jurisdiction of the UK courts in the insolvency of run-off insurer Highlands Insurance Company (UK) Ltd.
  • In January, IFEX saw trading volumes increase and added depth to the market with the partnership of Swiss Re as market maker.
  • In contrast to its troubled rival, ACE Ltd - which was set up with XL on Bermuda in the mid-'80s - reported record full year 2007 net income of $2.58bn, up 12 percent on the prior year...
  • US retail broker Brown & Brown is poised to launch an EC3 platform, called Decus Insurance Brokers Ltd, which is likely to draw business away from independent wholesalers who currently access the London market on its behalf.
  • Broking giant Aon Corp has unveiled a major restructuring with the formation of a new global retail business led by Steve McGill, the current head of the firm's Americas division.
  • Sciemus Ltd is set for a 1 March underwriting start in the power market, after securing capital for the venture, The Insurance Insider can reveal.
  • Finality expected on some of the market's kitchen sink years