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  • Spectrum talks break down, BRIT in the frame After publicly stating dissatisfaction with the performance of personal lines business at its Lloyd's operation, The Insurance Insider understands that giant US insurer St Paul Travelers has been talking wit
  • Guy Carpenter has appointed Bill Henriques from embattled reinsurer Converium as a senior vice-president in its Professional Liability Specialty Practice.
  • Rating agency Standard & Poor's has raised its Lloyd's Syndicate Assessment (LSA) on Chaucer Syndicate 1084 to '3' from '3-'.
  • Faced by a softening product market, US retail brokers are increasingly turning to aggressive acquisition strategies to achieve revenue and profit goals, according to the latest report from investment banking firm WFG Capital Advisors.
  • As third quarter results begin to filter through from US and Bermudian property casualty (re)insurers, the full impact of the season’s quartet of hurricanes is becoming clearer, with interim results hit hard across the board.
  • Eliot Spitzer gave further indication last week that he is looking for Marsh to disgorge a significant proportion of its Placement Service Agreement revenues as settlement for the civil action filed against the broker on 14 October.
  • The failure of lawyers Mel Weiss and Bill Lerach to see eye-to-eye led to the dissolution of their legendary shareholder class action law firm Milberg Weiss Bershad Hynes & Lerach LLP into two new partnerships – safely based on either side of the United S
  • Companies rarely volunteer to forego a lucrative proportion of their revenue streams but that is exactly what the industry’s international brokers have been doing in the wake of Spitzer’s allegations of price-fixing at Marsh.
  • Lloyd's insurer Wellington has outsourced its procurement of external professional advisors to back-office specialist Xchanging.
  • David Schiff looks at financial strength... Insurance stocks are not as richly priced as they were in 1998, when investors and insurance-company CEOs alike seemed to believe that an insurance-company charter guaranteed a fifteen-percent return on equit