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  • Converium Holdings has announced that its chief risk officer, Markus Krall, will leave at the end of June citing personal reasons.
  • Wellington plans to offer Lloyd's Names shares in the insurer to persuade them to agree to the formation of a new FSA regulated insurance company.
  • Shares in Zurich’s former reinsurance arm Converium fell sharply as investors reacted to fears of collecting recoverables from its former parent, ZFS.
  • D&O insurers’ willingness to void cover for one of the most common source of claims – exposures arising from financial restatements which then spark securities class actions – has led Chubb Insurance Company to apply to a Canadian Court to rescind its cov
  • Chinese insurance premiums were up 51 percent year-on year during the first six months of 2008, according to the country's financial regulator.
  • Bermuda-based life reinsurance specialist Scottish Re Group is continuing its resurgence after gaining a financial strength upgrade from Fitch Ratings last week.
  • Shareholders in Alea Group Holdings (Bermuda) Ltd failed to support the increased offer from the US private equity firm Fortress Investment Group (FIN) in a vote on 21 May...
  • The Financial Services Authority (FSA) has published its final fees and Financial Ombudsman Service levies for UK regulated firms for 2007 and 2008.
  • Arab Insurance Group (ARIG) has completed its strategy of selling-off its non-core primary insurance units with the sale of its 67 percent interest in the Moroccan insurer CNIA Assurance SA to the Saham Group.
  • Australia’s prosecutors showed their commitment to punishing corporate fraud by imprisoning the senior management behind the failed insurer HIH Insurance Ltd. Ray Williams – the founder of HIH – and his fellow director Rodney Adler were jailed for four