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  • Bermudian-headquartered reinsurer Imagine Group Holdings has appointed Gregory Morrison as president and CEO, filling the gap left by the surprise departure of founding chief Brad Huntington last year.
  • Marsh UK executives are to meet later this week to approve the delayed £200mn outsourcing deal with Capita, The Insurance Insider understands.
  • Investors can expect to see a rise in mergers and acquisitions (M&A) activity within the life sector over the next few years, according to a report from reinsurance giant Swiss Re. The report found that the need to consolidate had begun a busy phase...
  • The Securities and Exchange Commission (SEC) has set its sights on banks that provide so-called “structured finance” deals.
  • Berkshire Hathaway was not immune to the twin assault of the softening market and credit fallout as first quarter net profits dropped by around 64 percent to $940mn.
  • The former chief executive of Heath Lambert Group David Margrett has made a discrete return to the market in a business development role with world's third largest broker Willis as part of a reshuffle following the recent announcement of veteran Willis Re
  • Xchanging has priced its proposed initial public offering (IPO) at 210 to 240 pence a share, effectively valuing the company at £500mn at the mid-point price.
  • American International Group (AIG)'s share price was under pressure following concerns about the sufficiency of its P&C loss reserves.
  • Berkshire Hathaway backed insurer plans listing with veteran figure as chairman. Michael Wade, the founder and chief executive of Lloyd's investment vehicle Rostrum, is set to renew his association with former colleague James Stuart by becoming the non
  • The Chubb Corporation said it continued to see strong rate increases in its US commercial and specialty insurance divisions as it unveiled second quarter net profits of $404mn that were marginally down on the $419mn booked in the prior-year period.