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  • Angus Simpson has resigned as managing director of London market broker Glencairn Ltd after 10 years at the firm.
  • Europe's third-largest insurance group Assicurazioni Generali has confirmed that company chairman, Cesare Geronzi has resigned its board "in the greater interest of the company".
  • Bermudian headquartered giant ACE reported healthy second quarter figures last Tuesday (27 July) with operating earnings of $380mn, or $1.29 a share, marginally up on consensus analysts’ estimates of $1.25, and 33 percent higher than the $286mn or $1.01 a
  • The tornadoes that raged across the southern US and Midwest last month could cost more than $5bn, with some senior figures privately calculating the figure could be closer to $8bn-$10bn.
  • Strong growth in the firm’s Americas division propelled Aon Corp’s first quarter 2007 earnings and helped offset a weak performance from the group’s UK division.
  • Bermudian-headquartered (re)insurer Aspen Insurance Holdings Ltd reported net third quarter profit of $95mn, or $0.94 per share, on 25 October.
  • In an unexpected move, Price Forbes – a subsidiary of the world's largest intermediary Marsh - has swooped for the independent London market broker Prentis Donegan.
  • A year on, and start-up broker Integro Ltd admits it is still a long way from making a profit - but insists that was very much the game plan. The company's founding chief executive Roger Egan remarked last week: "We won't be profitable this year...
  • (Re)insurers surge ahead on hard market swell Bermuda’s (re)insurers got off to a positive 2004 first quarter with the majority posting results in line or above expectations.
  • British Aviation Insurance Company (BAIC) is to appeal against the High Court’s decision to prevent the company setting up a solvent scheme arrangement in a case seen as having far reaching implications for insurance run offs.