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  • Energy reinsurance dispute in High Court as reinsurers seek to avoid $90mn+ of losses
  • As downgrades continue to hit insurers blighted by adverse prior year development, one member of a shrinking club of highly rated US insurers enjoyed an upbeat November as it unveiled record third quarter results and announced its investment in Lloyd's pr
  • As the renewals season rolls on, the world's largest insurance broker Marsh has outlined its terms for placement service agreements (PSAs) - off slip payments from underwriters to brokers in return for a guaranteed proportion of business or profit.
  • Benfield is likely to report lower than expected results because of the weak US dollar, according to the broker's latest trading update.
  • Marketform Acquisition Company Limited has attracted £15mn of equity finance from Caledonia Investments plc as it continues to capitalise on the strong rates for non-US medical malpractice and other specialty liability insurance.
  • Inhabitants of the Caribbean and the US East Coast should expect another active Atlantic hurricane season next year, weather experts have warned.
  • The UK arm of Allianz Global has appointed Philipp Cremer to the director of underwriting role, replacing the recently promoted Doug Pennycuik.
  • Two more class action suits have been against troubled insurer RenaissanceRe.
  • Standard & Poor's (S&P) raised SCOR’s rating from “BBB+” to “A-“ last Monday (1 August), marking another step towards a position of profitability and stability for the France-based reinsurer.
  • Bermuda’s youngest (re)insurer Quanta reported an increase in year-on-year net income for the second quarter of 2005 from $1.8mn or $0.03 a share, to $8.5mn or $0.15 a share.