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  • Kyrill may trigger Hannover Re's $150mn cat bond Eurus Ltd, which was placed on CreditWatch with negative implications by Standard & Poor's (S&P) on 8 February.
  • Insurance broker Willis Group Holdings revealed it would be reducing its headcount by an extra 100 people as it reported annual profits had grown to $449mn last year, compared to $281mn in 2005.
  • Florida challenges IPO plans; Steamboat Re fuels capital to $1.2bn; Swiss Re launches $700mn mortality cat bond Vita III; PXRE faces $53.4mn termination charges...
  • EU insurance enquiry also raises key action ; A not-so-interim report?; Reinsurer terms and classification under scrutiny; Long-term contracts anti-competitive?
  • The Commission also expressed concern about the prevalence of so-called "best terms" clauses in reinsurance contracts which, it said, could restrict competition and breach...
  • The Kroes' investigation could have a significant impact on the broker model as buyers are encouraged to contribute...
  • Three Lloyd’s syndicates have underwritten over 50 percent of a controversial EUR45mn North Korean reinsurance claim, according to legal documents obtained by The Insurance Insider.
  • Former Heath boss replaces Bucknall at Willis; Marsh receives China first ; Guy Carpenter appoints Frankland as UK head
  • Analyst withdraws coverage after accusations of short-selling conspiracy
  • Strong growth at subsidiaries Guy Carpenter, Kroll and Mercer pushed Marsh & McLennan Companies Inc (MMC) to book fourth quarter 2006 revenue growth of 9 percent to $3.1bn, as it reported consolidated net income of $226mn for the period.