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  • Brit Insurance Holdings plc became the latest London market insurer to report a drop in profits due to the weak US dollar, as it revealed today (5 September) its interim results.
  • Rating agency AM Best has removed European giant Hannover Re from review with negative implications and affirmed its financial strength rating of A (Excellent).
  • Analysts gave a mute assessment of SCOR's interim results despite a 42 percent rise in net profits at the French (re)insurer, sending the share price of the company down 6 percent.
  • Lloyd's insurer Wellington Underwriting plc revealed that further expansion is key to its strategic development when it announced its interim results on the 31 August.
  • Rating agency Standard & Poor's (S&P) has praised the operations of Equitas, the reinsurance vehicle set up in 1996 to reinsure Lloyd's 1993 and prior year exposures, on its 10th anniversary but also warned about the ongoing threat to the Society.
  • Despite acknowledging the intrinsic value of Marsh & McLennan Inc and the fact that its shares are undervalued, investors lack faith in the company's management, according to investment bank Morgan Stanley.
  • Lloyd's insurer Hiscox plc revealed on 1 September that it is close to setting up a Bermudian sidecar operation to reinsure its Lloyd's Syndicate 33.
  • If 2006 proves – as it has thus far – to be a benign natural catastrophe year, then Amlin’s management duo of chief executive Charles Philipps and underwriting director Tony Holt will have again called the right numbers.
  • If 2006 proves - as it has thus far - to be a benign natural catastrophe year, then Amlin's management duo of chief executive Charles Philipps and underwriting director Tony Holt will have again called the right numbers.
  • Two months after Jardine Lloyd Thompson's (JLT) proposed takeover of rival Heath Lambert fell through, analysts have turned their attention to the quoted UK broker's prospects as an independent entity.