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  • It was at least six months in the making, but UK motor insurer Cox Insurance Holdings finally agreed to a buy-out from its private equity backed, former chief executive Neil Utley last week.
  • QBE Group has formally parted company with Tim Kenny, the head of its US operations, The Insurance Insider revealed last week.
  • As the global reinsurance industry prepares for its annual gathering in Monte Carlo next week, Fitch Ratings said its outlook for the sector remains "stable", reflecting its ample capital and a lack of cat losses this year
  • Whatever the prospects for US asbestos reform, Equitas is likely to boost its asbestos reserves when it announces its annual results on Wednesday.
  • American International Group (AIG) announced the appointment of key executives last week it hopes will steer it through the current crisis that threatens to engulf the US insurer.
  • Broking giant Aon Corp said it is again mulling the sale of its underwriting business, Combined Insurance Company of America (CICA), as it announced a 9 percent rise in brokerage revenue for the second quarter.
  • Paris headquartered insurer Axa has reported a modest increase in its 2004 sales, helped by a recovery in American life and savings revenues and premium gains from its P&C business.
  • So here we are, this proud island race, our nautical heritage stretching back centuries. Our fishermen brave weather fair and foul, overcoming mountainous waves and piercing wind to harvest the depths of the cold oceans and put the pick of the catch on...
  • Bermudian reinsurer Validus Holdings is to lose a long-serving director on its board. Sander Levy has resigned and will step down on 2 May.
  • As predicted by this publication last week, Swiss Re today (12 June) announced the completion of its acquisition of GE Insurance Solutions (GEIS), creating the world's largest reinsurer.