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  • Market information and analysis firm Advisen Ltd has teamed up with messaging specialist Web Connectivity Ltd to launch, Easy Placement, a web-based software programme that enables brokers to...
  • XL Insurance has announced that the CEO of its international P&C insurance division Eileen McCusker is to retire from the company at the end of the year.
  • Insurers could be on the hook for $1bn-$3bn of losses from the devastating tornado that ripped through the city of Joplin, Missouri on Sunday, according to Eqecat
  • The independent UK broker Heath Lambert Group plc has appointed corporate financiers Hawkpoint Partners to advise on options which could involve a refinancing to pay down debt and raise capital or a complete sale, The Insurance Insider revealed last week.
  • Veteran class action lawyer Bill Lerach, who represented Enron investors and other shareholders suing large corporations, faces up to two years in jail and will be forced to pay $8mn in fines after pleading guilty...
  • But filings reveal extent of contingent commission loss
  • Swiss giant Zurich Financial Services (ZFS) reported a strident set of 2005 figures last Thursday (16 February), delivering record operating profit of $3.95bn – a 32 percent rise on 2004. Net income also increased considerably, by 30 percent to $3.2bn.
  • Argo slumped to a third quarter loss as its underperforming international segments weighed on results
  • French reinsurer SCOR has heralded last Wednesday's (19 July) launch of its EUR350mn subordinated bond issue to part-fund its Revios acquisition a "great success".
  • Arch Capital Group Ltd is close to launching a new Dublin-based reinsurer that will act as a hub for its European reinsurance operations, The Insurance Insider can reveal.