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  • Although Brit Insurance Holding’s relatively low return on equity was criticised recently, the company’s strong capital base will stand the Lloyd’s based insurer in good stead against some of its more over-geared rivals, predicted the company’s house brok
  • Marsh and McLennan, the parent of the world's largest insurance broker Marsh, saw its share price fall this week despite the company posting a 19 percent rise in quarterly profits on the 21 October.
  • Bermuda’s new financial guaranty reinsurer – backed by RenaissanceRe, Partner Re, Koch Financial and MBIA – will be called Channel Re.
  • The US Justice Department has offered the French government more time to renegotiate a settlement in a long running fraud case, the Wall Street Journal reported this week.
  • Willis Group Holdings announced today that it has agreed to acquire the Italian reinsurance broker Ital Re SpA, for an undisclosed sum.
  • Ratings Agency Fitch Ratings has maintained its B- financial strength rating on cash strapped Bermudian reinsurer ESG Re with an ongoing outlook of negative.
  • Lloyd’s insurer Beazley had its AM Best A (excellent) financial strength rating affirmed last week on its two Syndicates, 623 and 2623.
  • Equitable Life decision may increase UK D&O demand
  • Swiss Re downgraded to A+ by AM Best
  • Munich Re, the world's largest reinsurer, announced last week that it will launch one of the largest ever reinsurance rights issues, worth at least €3.8bn (£2.6bn).