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  • This edition of Insider Week is the last publication from Insider Publishing Ltd in 2006. Insider Week will resume on the 2 January while the January edition of The Insurance Insider will be available to download from the 11 January.
  • Swiss Re, the world’s largest reinsurer, announced another change to its senior management team last week with the departure of its veteran chief financial officer Anne Godbehere.
  • Eliot Spitzer, New York’s governor-elect, has nominated Willis Group’s general counsel, Eric Dinallo, for the post of the state’s insurance superintendent in his administration.
  • Bermudian (re)insurer ACE Ltd has said that a recent review has confirmed the adequacy of its asbestos reserves.
  • Bermudian (re)insurer Max Re Capital announced plans to launch a US-based excess and surplus lines platform last week (14 December).
  • Lloyd’s insurer Beazley Group plc has strengthened its political risk team with the appointments of Peter Jenkins and Marc Werblow.
  • Lockton International, the fast-expanding arm of US broker Lockton Inc, has recruited the former JLT Re executive Paul Jack. Jack – who left Jardine Lloyd Thompson Group plc recently – will reacquaint himself with Mike Hammond, the former head of JLT Ris
  • Talbot Underwriting Ltd is to enter two new classes of business as it becomes the latest Lloyd’s insurer to announce an increase in capacity for the 2007 year, with its Syndicate 1183 up 6 percent to £325mn.
  • Analysts have welcomed Hannover Re’s sale of its US subsidiary Praetorian Financial Group, describing it as a “good deal” that frees up capital to allow the reinsurer to lower its retro spend, underwrite more US catastrophe business and expand into new ma
  • Guy Hengesbaugh, who quit as COO of beleaguered Bermudian PXRE in April, is close to making an early return to the market with a US property cat focussed start-up on the island, our sister title The Insurance Insider revealed last week.