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  • As the multi billion dollar one-event-or-two 9/11 dispute rumbles on, the clamour for an out-of-court settlement grew last week, with World Trade Center (WTC) leaseholder Larry Silverstein admitting he may be prepared to reopen talks with insurers.
  • Travelers, Chubb and Platinum have set a positive tone for the early first quarter results, with favourable reserve releases and improved investment performance offsetting heavy catastrophe losses.
  • Groupama UK looks set to return to BBB-level security after ratings agency Standard and Poor's (S&P) put its BB insurer financial strength ratings on positive watch ahead of its acquisition by Ageas
  • As the revelations into AIG’s past practices continue to mount, David Schiff looks at the insurance giant and the Art of Financial Prestidigitation.
  • Marsh will enter into a long-term strategic distribution deal with HSBC as part of its agreement to buy the banking giant's insurance broking arm.
  • The UK P&I Club, which is a member of the International Group of marine liability mutuals, has announced a restructure in advance of Solvency II that will establish its European subsidiary as the sole provider of direct insurance to UK Club members.
  • The Haitian government will receive a $7.7mn payout from the Caribbean Catastrophe Risk Insurance Facility (CCRIF) after a magnitude 7.0 earthquake devastated the country.
  • Insurance giants AIG and AXA have been linked with counter-bids for UK insurer Prudential plc following the takeover move by compatriot Aviva plc last Thursday (16 March) night. In a statement to the London Stock Exchange this morning (20 March)...
  • Insurance services company Whittington has overseen the first successful scheme of arrangement for a Singapore-based insurance company, with the closure of Lion City Run-Off Private Ltd.
  • Six (re)insurers appear alongside 24 banks on a list of global institutions that pose a systemic risk to the financial system and require cross-border supervision.