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  • A new research note from Shore Capital analyst Eamonn Flanagan has cast doubt on the rationale behind Omega’s bid for fellow Lloyd’s vehicle Hardy Underwriting.
  • Aon is thought to have won part of the prestigious Exxon Mobil account from its rival Marsh, according to sources.
  • In the July edition of The Insurance Insider we incorrectly say that QBE’s European Commercial division and its European Retail division were to merge to create a single Dublin based operation.
  • Lloyd's insurer Heritage Underwriting Agency Ltd has terminated discussions with potential buyers of the business explaining that they “did not consider that any of the proposals received reflected the value of the business to all of its shareholders”.
  • RenaissanceRe’s shares fell more than 6 percent in early trading today (25 July) after the company revealed that the Securities & Exchange Commission (SEC) intends to bring a civil enforcement action against the reinsurer’s chairman and chief executive...
  • Hannover Re has not always welcomed unsolicited financial strength ratings, but there was no comment from the German reinsurer last week following Fitch Ratings’ decision to assign an A+ to the company.
  • Seattle headquartered property/casualty insurer Safeco has announced that Mike McGavick, its chairman and CEO, will step down in August to enter politics.
  • Hurricane season earlybirds hit US and Mexico Barely a month into the hurricane season and two major storms have already made landfall in the south east United States and Mexico.
  • 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.
  • Lloyd's is planning to scale back the implementation of its Accounting and Settlement (A&S) project for the market as it looks to focus resources on the task of achieving contract certainty by the deadline of the end of next year imposed by...