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  • Ratings agency Standard & Poor's has put a negative outlook on Japan's long-term credit rating due to concerns about rebuilding costs after the March 11 earthquake and tsunami.
  • Although non-US (re)insurers were insulated in the main from the significant second quarter catastrophe losses that were largely retained by US primary carriers, there were examples of loss creep on prior-period losses.
  • Former American International Group (AIG) supremo Maurice "Hank" Greenberg countersued his former employer for the second time in as many weeks...
  • Q2 results re-ignite old arguments between Fairfax bulls and bears... Analysts have again drawn sharply opposing conclusions about the liquidity of Canadian financial services holding company Fairfax Holdings after it published its Q2 2004 results.
  • Large-scale consolidation may be required if Willis is to continue its remarkable progress, but dangers lurk... Building grandiose new headquarters as a testament to corporate success can be a risky business in London insurance circles. Stephen Merrett
  • A magnitude 6.7 earthquake and magnitude 5.1 aftershock that struck offshore of central Chile late on 16 April did not cause major damage to surrounding cities, said cat modelling firm AIR Worldwide
  • The head of Marsh's global industry practices, James Enelow, is to part company with the broker, The Insurance Insider can reveal.
  • PRO Insurance Solutions Ltd, the proposed Scheme Manager of the WFUM Pools Scheme, has confirmed that the 14 WFUM pools scheme companies are applying to the UK High Court for approval.
  • Munich Re's $1.3bn planned purchase of US primary insurer The Midland Company (Midland) met with caution from analysts last week.
  • Brit Insurance has hired former XL Capital chief processing officer Malcolm Beane as COO, effective from 21 September