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  • Jardine Lloyd Thompson Group (JLT) plc’s wholesale broker Lloyd & Partners announced on Friday (8 July) two key appointments to its expanding property team, with the arrival of Derek Hansen and Adrian Godlieb from rival Price Forbes.
  • Swiss reinsurer Converium has begun the search for a replacement to its chief executive Terry Clarke who stepped in earlier this year following the ousting of Dirk Lohmann in the wake of the company’s much publicised difficulties.
  • Hurricane Dennis swept into Florida over the weekend wreaking widespread devastation in its path. But despite following a similar trajectory to last year’s Hurricane Ivan, most experts predict the (re)insurance bill will be significantly lower than the...
  • David Spiller has resigned from his position as CEO of Benfield Group's International Division, the company announced in a statement to the London Stock Exchange this morning (7 July).
  • Share prices in Lloyd's (re)insurers have fallen sharply in response to the explosions which rocked London this morning.
  • Lloyd’s is parting company with two senior executives as part of a restructuring that will see the Corporation move further away from a regulatory emphasis to one of operational risk management.
  • Despite a softening market, Bermuda-headquartered (re)insurer Aspen last week (28 June) announced it expects its 2005 gross written premiums to be 20 to 25 percent higher than in 2004.
  • World’s second largest broker Aon has appointed Michael Reynolds as chief financial officer of Aon Re International (ARI) and Aon Re UK, in addition to his role as CFO for Aon Captive Services Group.
  • The Pension Protection Fund (PPF) has confirmed that the three pension schemes of insurance broker Heath Lambert have entered into an assessment period.
  • Willis chief executive Joe Plumeri has earned around $50mn this year from selling over a third of his holding in Willis, the broker he has revitalised since joining in 2000.