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  • Lloyd's (re)insurer Catlin reported an 11 percent year-on-year increase in Q1 gross written premiums to $1.4bn
  • French insurer last week put 2002's €154mn loss behind it, announcing 2003 net earnings of €155mn.
  • New York attorney general Andrew Cuomo is to scrutinise executive compensation since the start of 2007 at American International Group (AIG) as he launched a probe into what he called “unwarranted and outrageous” spending by the fallen giant.
  • Standard & Poor’s (S&P) was the first rating agency to respond to news of the proposed reinsurance deal between Equitas and Berkshire Hathaway by signaling the possibility of an upgrade in Lloyd’s financial strength rating.
  • As generally dire underwriting conditions continue to persist in the US property casualty sector, there are at least signs of encouragement in workers' compensation insurance.
  • In what was a relatively uneventful month, world's largest insurer AIG continued to play catch-up with the Securities and Exchange Commission (SEC), delivering its first quarter 2005 results on 27 June.
  • The new Bermudian reinsurer Aeolus Ltd has doubled its capital to more than $1bn following a second fund raising. The reinsurer – which was formed in July 2006 by the former Arch Capital chief executive Arch Capital and the ex RenaissanceRe President..
  • A year on from fruitless M&A talks with Aspen, the privately owned Bermudian reinsurer Ariel Re is again attracting potential suitors, this time from Japan, The Insurance Insider understands.
  • Japanese firm Mitsui Sumitomo Insurance Co is considering following compatriot Tokio Marine’s example and expanding its London presence by buying an insurer within two years, according to reports.
  • Willis has confirmed that it is not being investigated by the City of London Police over allegations of wrongdoing relating to Indonesian energy business.