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  • French reinsurer SCOR today (31 May) revealed a disappointing set of first quarter results, as the repercussions of the crisis it slipped into during the latter half of 2003 continued to dog its recovery.
  • John Charman, the former Lloyd’s deputy chairman and founding president of AXIS Capital, has been ordered to pay his ex-wife £48mn in their divorce settlement.
  • Underwriting agency Temple Legal Protection has appealed to the High Court after QBE Europe was given the right to manage its book of after-the-event insurance.
  • Chubb records 'outstanding' quarter US insurer Chubb Corp reported an "outstanding" second quarter of 2006 with net income rising to $598mn, compared to $495mn for the prior-year period.
  • David Batchelor, Marsh’s head of Asia Pacific, is to return to the UK as CEO of its operations in Europe, the Middle East and Africa (EMEA) as the broker’s new CEO Dan Glaser continues to reshuffle his team.
  • E W BLANCH A victim from the Unicover fallout, Blanch looks out on a limb as takeover speculation mounts On 6 May 1993, in the midst of strong investor confidence in insurance and reinsurance stocks, E W Blanch went public. Viewed as one of the US's
  • Speculation surrounding the future of Marsh & McLennan Companies (MMC) security consulting arm, Kroll, was further fuelled at the end of last week when the company announced that founder Jules Kroll is to step down.
  • Despite moderate price reductions, the Lloyd’s listed (re)insurer Heritage Underwriting Agency plc’s said rates are “still at very acceptable levels” in its latest syndicate forecasts.
  • In a surprise move, reinsurance giant Swiss Re announced last week that Jacques Aigrain will succeed John Coomber as its chief executive.
  • The Cypriot jet that crashed in Greece Sunday (14 August) morning was insured in the London market for an estimated $30mn.