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  • The debate last week over whether to end the "unfair advantage" enjoyed by Bermudians using US affiliates over American-domiciled rivals ended in a "stalemate", according to analysts at Morgan Stanley.
  • The European Commission (EC) may call for an end to the practice of contingent commissions in its long-awaited final report into business insurance.
  • Marsh and McLennan Cos (MMC) effectively ruled out the immediate elevation of executive Phil Moyles as the next leader of its broking business, Marsh Inc, with a reshuffle of its senior executives last week.
  • Failed (re)insurer Goshawk Insurance Holdings PLC has announced post-tax profits for the first half of 2007 of $1.7mn up from the $2.6mn loss it reported for the same period last year.
  • The first set of results since its initial public offering (IPO) on London’s Alternative Investment Market (AIM) are “on track”, Tawa plc has revealed.
  • XL Capital has continued the market trend for returning capital to shareholders after announcing its second share buyback programme this year.
  • The bitter dispute between the former heads of Guy Carpenter's facultative (Fac) business and the company they worked for has reached an out of court settlement at the eleventh hour allowing them to join rival broker Integro Ltd.
  • US hedge fund Deccan Value Advisors (DVA) has built a near 10 percent stake in Benfield Group Ltd fuelling speculation of its potential as an M&A target.
  • Shares in reinsurance broker Benfield Group Ltd rose more than 12 percent to 305p in early trading this morning (28 September) following reports of aborted takeover talks with the private equity arm of Goldman Sachs.
  • Marsh Inc – the broking giant which parted company with its chief executive Brian Storms suddenly this month – is looking to appoint an external candidate to replace him, The Insurance Insider understands.