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  • St Paul Travelers has announced that Steve Eccles has been appointed active underwriter for its Lloyd’s Syndicate 5000.
  • UK motor insurers were propped up by reserve releases and investment returns after experiencing a £200mn underwriting loss last year, according to analysis from Deloitte & Touche.
  • Insurers Royal & Sun Alliance Insurance Group (R&SA) and Zurich Financial Services (ZFS) both unveiled strategies for expanding into Eastern Europe this week.
  • The Lloyd’s Market Association’s (LMA) has announced that its chief executive Simon Sperryn, will leave the association at Christmas 2006.
  • The sudden departure of HCC Insurance Holdings chairman and CEO Stephen Way has prompted a mixed approach from the two main rating agencies.
  • Lloyd’s insurer Kiln appointed Keith Land as CEO of its newly formed Kiln Asia operation on 23 November.
  • Catastrophe modelling agency Risk Management Services (RMS) has reiterated its medium-term five-year view on the probability of Atlantic storm losses as above average from next year, despite 2006’s placid storm season.
  • 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.
  • Quoted Lloyd’s insurer Chaucer Holdings plc posted an upbeat trading statement on 23 November with improvements on 2004 and 2005 forecasts and an optimistic outlook for next year.