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  • The former trustees of James Hunt Dix – David James, Alan Scattergood and Richard Allardyce – are confident that they will defeat any charges for mismanagement of the former Lloyd’s broker James Hunt Dix’s Pension fund. This follows the article in May’s
  • Total insured losses for the wildfires that have plagued Texas for the week beginning with the Labor Day weekend could hit $250mn, according to the Insurance Council of Texas.
  • Florida Governor Jeb Bush is pushing for a resurrection of the state-run insurance pool in order to provide hurricane cover in the state which is desperately in short supply following the 2004-2005 storms.
  • Berkshire Hathaway reported its first quarterly loss since the WTC-hit 2001, as the investment conglomerate's first quarter figures were struck by write-downs on derivative contracts and its investment in oil giant ConocoPhillips...
  • Berkshire Hathaway has bought one million shares in German giant Munich Re in the last six months, according to reports.
  • Last week’s first round of half year results from Bermudian post 9/11 start-ups signalled an even stronger performance than last quarter. However, there were signs that increased competition is starting to drive down rates in some specialty reinsurance li
  • XL Capital’s ELU transfers prime treaty account to rival Benfield Reinsurance brokers RK Carvill is in dispute with a division of XL Capital after the Bermudian insurance giant transferred its prime directors and officers reinsurance treaty to rival in
  • Aon Corp posted flat fourth quarter net income of $224mn with broking revenues up 7 percent to $1.5bn in its annual results.
  • Endurance Specialty Holdings Ltd booked year-on-year premium growth in excess of 10 percent as it reported 2006 net profits of $498.1mn and record annual return on equity (ROE) of 25.6 percent.
  • Brit Insurance Holdings plc has pulled out of its binding authority agreement with aviation managing general agency (MGA) Augsburg Re, The Insurance Insider can reveal.