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  • Hot on the heels of its Syndicate 2020 results and projections last month, Wellington has received a series of positive appraisals from analysts.
  • White Mountains has revealed it is suing Allstate for $20mn after tax for allegedly shrinking the final purchase price it paid for Esurance.
  • Guy Carpenter has warned that the 1 January renewals will take place amidst uncertainty due to the close proximity of the Sandy loss to pricing negotiations.
  • The expansive Japanese insurer Tokio Marine & Nichido Fire Insurance Co's acquisition of non-life insurer Philadelphia Consolidated Holding Corp (PCHC) will help the company to strengthen its overseas property and casualty (P&C) businesses...
  • Aviation pool Global Aerospace Underwriting Management (GAUM) leads the $47mn hull cover for the Air New Zealand-owned Airbus A320 that crashed yesterday (27 November) in Perpignan, The Insurance Insider understands.
  • An end to contract uncertainty has been demanded by the director of the Financial Services Authority’s (FSA) retail firms division David Strachan, as he reserved the right to intervene in the market.
  • Paddy Jago, Aon Re's veteran US casualty specialist, resigned this month after 15 years with the company.
  • American International Group (AIG)'s $200mn D&O insurance policy is set to pay a $115mn loss, after it was reported that former chief executive Maurice 'Hank' Greenberg and five other defendants have agreed to settle a shareholder lawsuit.
  • Four subsidiaries of CV Starr & Co, the managing agency ultimately controlled by former American International Group (AIG) chief executive Maurice "Hank" Greenberg, are suing three AIG employees for attempting to "systematically destroy" their business.
  • The eagerly awaited 2007 electronic claims file (ECF) figures at the end of last month revealed that the Lloyd's market had missed the 100 percent year-end target for take-up despite a significant improvement in December.