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  • The revolt of Goshawk's shareholders came to an abrupt end this month when the company's largest shareholders, Phoenix Asset Managers, failed to gain backing for any of its proposals at the company's AGM.
  • Goshawk Goshawk might look a tad on the small size when it comes to market capitalisation, but it's got quite an enviable advantage over virtually all of its bigger Lloyd's peers. All Lloyd's vehicles dream of owning 100 per cent of their managed capac
  • Broker Willis Group Holdings has announced the launch of its Japan Global Retail Practice Group.
  • Lloyd’s syndicates, together with London based QBE International Insurance, filed suits last week against American and United Airlines, over losses they have paid out from the WTC attacks.
  • Standard & Poor’s (S&P) has upgraded the insurer financial strength rating of AXA’s core subsidiaries to AA from AA- citing the company’s successful integration of Winterthur.
  • US giant Allstate Corp's Q4 net profits fell 43 percent from the $518mn reported in the prior-year period to $296mn, as it felt the impact of significantly higher catastrophe losses
  • US-based property and casualty reinsurers are writing less premium this year and their combined ratio is deteriorating, according to a survey of statutory underwriting results by the Reinsurance Association of America (RAA).
  • Bermudian (re)insurer XL Capital has announced the establishment of a new Excess & Surplus (E&S) unit within its XL Insurance division. The new unit will be headed by newly appointed E&S president John M DiBiasi, and will underwrite through Indian...
  • Full-year 2010 net income at Allied World rose by 10 percent to $665mn as strong reserve releases and higher realised investment gains offset a heavier claims profile.
  • London-based reinsurance broker Cooper Gay Group has bought the reinsurance and terrorism broking teams of CRS Group (London) plc.