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  • Optimism about UK motor pricing following changes to the rules on gender pricing was punctured by a report showing a 2.7 percent overall fall in rates during the fourth quarter
  • Two former Marsh executives found guilty of bid-rigging charges in a high-profile case brought by former attorney general Eliot Spitzer have had the convictions thrown out by a New York judge.
  • Omega Insurance Holdings Ltd bucked the recent trend of profit decreases and losses shown by (re)insurers in the first half of the year after reporting a 34 percent increase in post-tax profits.
  • Troubled broking giant Marsh Inc has been hit by the sudden resignation of its key executive Phil Moyles, The Insurance Insider can reveal.
  • Novae CEO Matthew Fosh said his firm is well placed to respond to Superstorm Sandy after benefiting from a benign claims environment during the first nine months of the year, as the (re)insurer also reported improved investment and underlying underwriting results.
  • Benfield Group has appointed Jeremy Goodman to a senior position in its facultative business, as it attempts to fill the void left by the high-profile defection of Elliot Richardson and a number of his team to rival Aon last September.
  • World's biggest reinsurer Munich Re says it's on track to meet its 2005 earnings target after reporting a strong set of first quarter results, with after tax profits of EUR688mn up 26.7 percent on the first three months of 2004.
  • 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 head of Standard & Poor’s (S&P) has stepped down just weeks after reports that the European Commission is set to investigate the role of rating agencies in the ongoing sub-prime crisis.
  • Shares in London-listed reinsurer Alea Group slipped further today after Standard & Poor’s (S&P) warned it may downgrade the reinsurer following its disappointing interim results earlier this week.