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  • Aon UK CEO Peter Harmer is set to return to Australia at the end of September at the same time as the global broker embarks upon a strategy for co-ordinating worldwide placements, The Insurance Insider can reveal.
  • The militant Lloyds Names Association (LNA) will attempt to recover up to £100mn from the Central Fund for what it describes as Lloyd's failure to adequately regulate the market, The Insider has learned. The move follows this summer’s landmark judgment
  • Bermudian post-9/11 start-up Axis Capital announced a strident set of second quarter results last Tuesday (2 August), as net income increased year-on-year from $140.9mn or $0.84 a share, to $172.8mn or $1.13 a share – primarily driven by its...
  • HCC looks set to control 100 percent of the stamp on its Lloyd's Syndicate 4040 after making an offer to pay 15p in the £ for the capacity it does not already own.
  • Amlin plc's ability to crunch new acquisitions will fall to Andrew Grant in the newly created role of Group Operations Officer.
  • Despite a drop in gross written premiums for the third quarter of 2007, US commercial lines insurer WR Berkley reported net income of $180mn or 93 cents per share, buoyed by a...
  • The albatross that was the "Trenwick" brand name was lifted last week, as the Lloyd's based Trenwick Managing Agency (TMA) announced it was rebranding as Talisman.
  • New York Attorney General Andrew Cuomo has filed a suit against Ernst & Young (E&Y) alleging that the big four accountancy firm assisted collapsed bank Lehman Brothers in defrauding its shareholders.
  • US insurer Markel Corporation has reported strong second quarter results, returning net income of $5.97 per diluted share for the period, against $2.36 per share for the equivalent period last year.
  • Aon Corp became the last of the big three brokers to announce that US insurance regulators have eased restrictions on them charging contingent commissions, or Placement Service Agreements (PSAs) on 8 September.