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  • Insurers Royal & Sun Alliance Insurance Group (R&SA) and Zurich Financial Services (ZFS) both unveiled strategies for expanding into Eastern Europe this week.
  • Despite losing three of its four underwriting heads this summer, Bermuda-domiciled Aspen Insurance Holdings (AIH) has seen its Bermudian and UK operating subsidiaries’ ratings affirmed by AM Best.
  • Bermudian-headquartered (re)insurer Lancashire Holdings Ltd said it is looking forward to a “healthy” 2007 in a trading statement released on 21 November.
  • Lloyd’s insurer Kiln plc increased the forecasts on the bulk of its syndicates when it updated the 2004-5 years in a trading statement on 24 November.
  • Resurgent French (re)insurer SCOR has been upgraded back to "A" territory again, this time by Fitch Ratings on 20 November, a day ahead of the closure of its acquisition of life reinsurer Revios.
  • US insurer The Hartford Financial Services Group has issued a $247.5mn cat bond, Foundation II, to protect the company in the event of certain US natural catastrophe losses.
  • The Lloyd’s Corporation has brought in David Harris - a senior representative of the G6 group of London market insurers – on secondment, as the three-hundred-year-old Society agrees a number of changes to improve the service it provides.
  • XL Capital, which announced the first of the post-Katrina sidecars Cyrus Re in November last year, has launched a new Cayman Islands special purpose reinsurance vehicle, Stoneheath Re.
  • Industry legend Hank Greenberg and his Starr companies have sold over 27 million shares in his former company, American International Group (AIG), since May.
  • The Lloyd’s Market Association’s (LMA) has announced that its chief executive Simon Sperryn, will leave the association at Christmas 2006.