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  • Ariel Re has promoted Ryan Mather to the newly created position of chief underwriter for reinsurance.
  • Red faces at CGNU as Lloyd's burns the fingers of yet another corporate investor. Berkshire Hathaway is making quite a habit of helping CGNU shed the skins of its unwanted businesses, principally the property and casualty slough inherited from Commerc
  • FTSE 100 companies are reporting risk above and beyond what the UK's regulatory regime requires, according to research undertaken by broking giant Marsh Ltd.
  • Last week saw the first trade of a catastrophe options contract using the Re-Ex index developed by broker Gallagher Re with commodities exchange NYMEX in an over the counter (OTC) transaction.
  • Brian Duperreault, the former ACE Ltd chief, has been appointed president and CEO of Marsh & McLennan Cos (MMC) with immediate effect, in a bid to boost the fortunes of the ailing financial services group.
  • Standard & Poor's (S&P) has improved the outlook on Montpelier Re Holdings Ltd (MRH) and its core operating subsidiary Montpelier Reinsurance Ltd (MRE) from negative to stable citing "meaningful" improvements in enterprise risk management (ERM).
  • According to reports in the US, ousted American International Group (AIG) chief Maurice “Hank” Greenberg’s “gift” of almost all of his $2.3bn stock in the company may not be enough to shield his investment from future lawsuits.
  • RSA and CGNU handled the recent floods with aplomb, but will they and smaller insurers find themselves suffering after the latest storms? Loss assessors are an unreliable bunch. Take the dreadful flooding that in England's south east recently; before
  • UK (re)insurer decided to renew Flagstone quota share rather than go to investors...
  • Recently-acquired Bermudian run-off insurer Alea Group Holdings posted weak first half results amidst the firm's takeover by New York-based hedge fund Fortress Investment Group (FIN).