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  • The bitter battle between run-off groups Enstar and Randall &Quilter (R&Q) will be fought in the UK after the English Court of Appeal upheld a jurisdictional ruling last week in the dispute over the US legacy insurers Seaton Insurance Co and Stonewall Insurance Co.
  • UK outsourcing specialist Capita has announced the death of Andrew Beer, managing director of the firm's corporate division. Andrew passed away suddenly at his home in Wetherby, Yorkshire over the weekend.
  • The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid almost $8mn to the government of Haiti as a result of the magnitude 7.0 earthquake that struck close to Port-au-Prince, Haiti on 12 January.
  • Xchanging has agreed a major outsourcing deal with Cooper Gay, first revealed by The Insurance Insider, which will see 66 of the broker's legacy and ongoing business process staff transfer to the firm.
  • Rating agency AM Best has affirmed the "A" (Excellent) financial strength rating of Aspen Re and assigned an issuer credit rating (ICR) of “a” to the company. In addition, AM Best affirmed the “bbb” ICR of Aspen Re parent, Aspen Insurance Holdings, along
  • The UK Court of Appeal sent a sigh of relief among London market insurers earlier this month after over-turning last year’s controversial GoshawK vs Tyser decision which ruled brokers were not obliged to produce documents previously shown to underwriters.
  • The saga that is Royal Bank of Scotland's attempts to sells its highly regarded insurance operations may have hit a further snag last week with suggestions that private equity firm CVC is no longer in exclusive talks with the bank.
  • XL Capital has confirmed that it has hired Goldman Sachs to “explore value-enhancing opportunities” as it hinted at the likelihood of increasing Q4 investment write downs.
  • Contingency market underwrites the murky viatical industry Lloyd's worthy reputation for underwriting the specialist, niche and downright quirky has been reinforced by the discovery that its contingency market has insured viatical companies - instituti
  • Paris Re Holdings Ltd has become the latest reinsurer to announce capital management initiatives including the approval of a share buy-back programme and plans to distribute $400mn of capital by reducing the nominal value of shares, funded by a propose