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  • Despite continued stock market volatility on sub-prime fears, shares in American International Group (AIG) are expected to trade up today after the US insurance giant beat analysts’ consensus by 10 percent with adjusted second quarter net profits of $4.63
  • The UK's Court of Appeal has upheld the decision that broker JLT Risk Solutions (JLT) owed Australian insurer HIH a "duty to inform" post-placement in a decision which is seen as...
  • Guy Carpenter chairman to join Aon; Integro CEO sues MMC over departure; Evans to joins White Mountains Re; Marsh set to take fees from insurers; Flood exclusions stand after Katrina decision...
  • QBE frustrated by Names’ exit expectations; Bedford to head up GCFac UK; Cost cutting continues at R&SA; Goldsmith retires from Towers Perrin; Re-Ex sees first cat option transaction...
  • Our monthly column keeping check on US and EU legal and regulatory developments, in association with Sidley Austin LLP
  • After a drawn-out process, approval was finally granted for the transfer of the motor books of syndicates 37 and 2037 from Lloyd's to Highway Insurance Company using the Part VII mechanism.
  • Newly listed run-off firm Tawa plc could earn shareholders a 30 percent return on equity (ROE), according to research into the IPO by stockbrokers KBC Peel Hunt.
  • Marsh & McLennan Companies Inc (MMC) shares continued to slide as its broking division reported second quarter revenue growth that lagged behind rivals Aon Corp and Willis Group Holdings.
  • Berkshire Hathaway's (re)insurance operations contributed heavily to second quarter profits up almost 33 percent, but the investment conglomerate also highlighted increased competition in the business.
  • Bermudian giants ACE Ltd and XL Capital announced catastrophe charges of $88mn and $30mn respectively for the UK, US and Australian floods in their Q2 results.