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  • Brian Duperreault's appointment at the helm of Marsh & McLennan Cos (MMC) looks to have bought the ailing company breathing space from growing pressure exerted by activist investors...
  • Zurich Insurance Group today announced a placement of EUR788mn of dated subordinated notes due in October 2043 to meet 2013 refinancing needs
  • Low catastrophe losses drove Bermudian (re)insurer Aspen Insurance Holdings Ltd to a record quarter, it reported yesterday (1 November).
  • Paul Newson is set to join Lloyd’s managing agency Marketform to write a book of personal accident (PA) business. The Insurance Insider, which last month predicted that there would be further moves around the London PA market, understands that Newson..
  • Lloyd's insurer Beazley announced a £105mn Rights Issue on 1 November with the lion's share directed to support the additional risk-based capital requirement fuelled by its increased participation on its Lloyd's Syndicates for the 2005 year. The insure
  • Brian Caudle’s Lloyd’s (re)insurer Advent Group gave an upbeat assessment of trading conditions last week following the heavy storm losses in 2004-2005. According to Advent, the group has experienced rate rises of up to 100 percent in its...
  • The (re)insurance industry's excess capital position tends to dominate conversations on the rating environment in the sector.
  • London-based aviation MGA, Global Aerospace Underwriting Managers (GAUM) is the lead insurer and Aon the broker for the Federal Express (FedEX) cargo plane that crashed at 0650 local time today (23 March) at Tokyo's Narita airport
  • Bermudian reinsurer Flagstone has announced four new hires for its Lloyd's platform, following a major reorganisation of its underwriting structure at its Bermuda HQ.
  • The Philippine ferry that sank in the devastating Typhoon Fengshen with more than 800 people on board was covered in the local markets, according to reports.