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  • Former XL Capital Ltd’s chief financial officer Robert Lusardi is to join White Mountains’ senior management team as executive vice-president and managing director.
  • David Priebe, the president of Guy Carpenter Europe, has replaced Keith Fenwick as the chief executive of Guy Carpenter’s UK operations.
  • Zurich Financial Services (ZFS) has appointed the head of Royal Bank of Scotland (RBS) Insurance Annette Court to become the chief executive of its European General Insurance operations. Court, who will also become a member of the insurance giant's...
  • Heavy snowfall and poor visibility is suspected to be the chief cause of the Kam Air Boeing 737 crash last week in Afghanistan.
  • Bermudian (re)insurer Max Re Capital announced plans to launch a US-based excess and surplus lines platform last week (14 December).
  • Glencairn Ltd, the Lloyd’s broker taken over by US firm Hilb Rogal & Hobbs Company Ltd (HRH) last December, has expanded by taking on the majority of Park London’s insurance and reinsurance business.
  • Tort reformists in the US have received a boost with the news that the Senate judiciary committee approved a series of changes to state laws governing civil lawsuits in medical malpractice cases last Thursday (27 January).
  • Reserve increase likely as Equitas' parsimony threatened after arbitration ruling Equitas, the Lloyd's run-off reinsurer, may have suffered a serious blow in its strategy of fighting off asbestos claims which it believes are unwarranted, leading to fe
  • Allegations in a lawsuit filed against Mutual Risk Management suggest it has offered $100mn to the Pennsylvania Insurance Department for the settlement of all claims relating to its defunct subsidiary Legion Insurance.
  • Catlin Underwriting Agencies Ltd has stunned Names on its flagship Lloyd’s Syndicate 1003 by revealing that the 2000 year will be a loss of between 7.5 and 12.5 percent after consistently forecasting a profit all year.