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  • The Association of Lloyd’s Members welcomed the possible arrival of English Limited Liability Partnerships as an alternative investment vehicle for private Lloyd’s investors at its national conference last week.
  • Acquisitive broker Oval Limited continued on its expansion path last week with the announcement that it has agreed to buy independent Lloyd’s broker Lochain Patrick, subject to regulatory approval.
  • UK-based specialist insurance investment boutique Ruxley Ventures has received the go-ahead from the Canadian regulator to transfer a legacy book to German run-off acquirer Global Re.
  • The UK's Financial Services Authority (FSA) banned and fined Surety Guarantee Consultants director Barry Williams for his part in a scheme that defrauded Markel International and QBE (Europe) of more than £2mn in 2005
  • US broker USI Holdings reported a 3.5 percent increase in third quarter revenues to $131.7mn as it announced income from continuing operations of $8.5mn last week (9 November).
  • US insurance giant Travelers has been ordered by a judge to pay $445mn to settle an asbestos claim with a trail of litigation leading back as far as 1986.
  • The rivalry between Aon and its Chicago neighbour Near North is becoming increasingly vicious with allegations of theft, blackmail, and industrial espionage. It's unlikely that Pat Ryan, the impeccably groomed head of Aon, was upset by the arrest of...
  • Liability start-up Illium announced last Friday a significant capital investment from Barbadian Imagine Group, and confirmed that FSA approval to underwrite through Syndicate 4040 at Lloyd’s had been granted.
  • Willis North America chairman and CEO Don Bailey has resigned and will join personal lines giant Allstate, The Insurance Insider can reveal.
  • Laptop, The Insider's resident Lloyd's Name, analyses the proposed Lloyd's reforms and explains why he voted 'No' at the 12 September Lloyd's EGM On 19 July, 16,000 copies of the 56- page Consultation Document were distributed by Lloyd's. The document