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  • The trial of three former Independent Insurance executives is drawing to a close in London with the jury expected to start considering its verdict by 21 October, according to the Serious Fraud Office (SFO).
  • The trading of Industry Loss Warranties (ILW) has gained real momentum in the two years since hurricanes Katrina, Rita and Wilma, but critics say its development has been hampered by the high frictional costs...
  • With the majority of Lloyd's insurers set to cut back business for 2008, capacity scarcity was the overriding theme of September's auctions.
  • Despite asset-backed securities remaining persona non-grata in the financial markets after the sub-prime crisis, the emerging insurance-linked securities (ILS) sector should shrug off the current woes...
  • EU hints on intervention; Bermuda’s Maiden reinsurer poised for $500mn+ IPO; Court dismisses major US RICO suit; AmWINS withdraws IPO; Ariel Re buys US admitted carrier...
  • EU highlights conflict of interest in broker model; Long-term contracts can be anti-competitive...
  • Every time you put a gallon of petrol in your car, it has typically been bought and sold forty times beforehand.
  • When Benfield Group changed its mind in 2003 and floated on the stock exchange in London, rather than New York, its decision was widely applauded.
  • Despite the gloomy spectre of a soft market, Lloyd's 2007 interim results reflected the strong performance of insurers underwriting in the market.
  • The legacy of workers' compensation carve-out reinsurance - epitomised by the Unicover pool which collapsed in 1999 - re-emerged when CNA Financial Corporation agreed to pay John Hancock $250mn...