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  • CV Starr has emerged as one of a number of candidates targeted by Lehman Brothers to buy a stake in the credit crunch-hit investment banking giant.
  • American International Group (AIG) has been ordered to give its former CEO and chairman, Maurice “Hank” Greenberg, access to company documents by the New York Court of Appeals.
  • London headquartered broker HLF will continue to strip away its layers by transferring its troubled Australian subsidiary Heath Lambert Australia Pty Ltd to Marsh, the world's largest broker. Traditionally a strong performer, the Australian subsidiary
  • Allianz continued its strategic stake-building in the UK distribution chain this month, with confirmation that it has acquired a 10 percent minority share of Yorkshire-based broker The Oval Group, as predicted by The Insurance Insider in September.
  • A New York state appeals court has reinstated an antitrust lawsuit brought by Global Reinsurance Corp against Equitas.
  • Financial magazine Barron's has focused attention on giant conglomerate Berkshire Hathaway by speculating that the company might break its 45-year run of withholding dividends.
  • Brit Insurance and Chaucer confirmed late last week they were in discussions regarding a "possible all-share offer" - in what could be the largest Lloyd's M&A deal since...
  • ACE announced today a reshuffle of senior executives at its Bermudian and European operations, with current ACE Bermuda president and CEO Andrew Kendrick moving back to London to take on the role of chairman and CEO of ACE European Group.
  • A positive trading update from Lloyd’s (re)insurer Wellington was enough to give the company’s share price a small fillip to close up 4.61 percent at 107.75p Wednesday last week.
  • Mark Cloutier, the chief executive of run-off (re)insurer the Alea Group, will step down next year, the firm has confirmed.