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  • UK niche-branded insurer, Admiral Group plc today reported that it has ended discussions with potential private equity investors regarding its price aggregator subsidiary, Confused.Com.
  • Guy Carpenter has swooped for Chris Klein, the chairman of rival Benfield Group's counterparty risk unit.
  • Aon Corp's brokerage revenues have outstripped those of its largest rival, Marsh & McLennan, which nevertheless remains at the top of the list of the world’s largest insurance brokers worldwide, thanks to its non-broking units.
  • Lloyd's members' agent Hampden Agencies Ltd is objecting to the proposed merger of AIM-listed insurer Heritage Underwriting Agency plc’s property Syndicate 1200 with its liability Syndicate 3245...
  • The announcement in Parliament last month that the Government will examine changes to the 1982 Lloyd's Act is likely to encourage some frenetic lobbying.
  • Lloyd's is understood to have taken a sizeable hit on its Central Fund dispute last month after settling with Benfield Group and Aon Ltd, but will be relieved the long-running dispute is over.
  • Proposed start-up Leinster Group Ltd has refused to acknowledge defeat following the Society's rejection of its application.
  • Although the publication of the draft Solvency II directive for European regulation on 10 July dealt no real surprises to the insurance community, there are still many compliance challenges ahead.
  • Electronic trading platform RI3K is in advanced talks with rival outsourcing firms Capita and Xchanging over partnering to build an integrated bureau facility for Bermuda’s (re)insurance market, The Insurance Insider can reveal.
  • New York-based hedge fund Fortress Investment Group’s offer to buy defunct run-off insurer Alea Group Holdings Ltd was declared unconditional on 5 July.