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  • The UK’s Competition Commission have ratified their decision to approve the acquisition of CBS Private Capital by rival Hampden Agencies Ltd.
  • Lloyd’s insurer Hardy Underwriting announced an improved forecast for the 2005 year of account of its managed Syndicate 382 on 29 November.
  • Brit Insurance Holdings plc announced last week the renewal of its contract with satellite operator Telesat Canada to supply technical advice and support for its space underwriting activities.
  • Lloyd’s insurer Heritage Underwriting Agency Ltd has bolstered its underwriting executive with the appointment of the Lloyd’s Japan chief executive James Sardeson.
  • Hiscox plc has become the first Lloyd’s insurer to carry out a sidecar transaction, confirming its Syndicate 33 has entered into a quota share reinsurance arrangement with $360mn Bermudian reinsurance vehicle Panther Re, a deal first revealed in the Octob
  • Willis Group Holdings Limited is to lose a member of its senior management as the broker confirmed that Tom Colraine is to leave the firm after 18 years.
  • Private equity giant 3i Group plc has hired a team led by Bruce Carnegie-Brown, the former Marsh executive who left the firm suddenly in May this year.
  • Lloyd’s insurer Chaucer Holdings Plc has launched a new Lloyd’s Syndicate that will provide some £75mn ($148mn) of US catastrophe capacity.
  • Amlin's decision to cut back on reinsurance spend appears to have paid off handsomely with the group's share price rising over 6 percent today (29 November) to a new high on the back of an upbeat trading statement today.
  • The Lloyd’s Market Association’s (LMA) has announced that its chief executive Simon Sperryn, will leave the association at Christmas 2006.