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  • Marsh & McLennan Companies (MMC), parent of the world’s largest broker Marsh, shrugged off the furore surrounding its troubled investment arm Putnam to announce strong operating results for the fourth quarter and year ending 31 December 2003.
  • US engineering firm Halliburton has announced a $575mn (£317mn) settlement of its asbestos exposures with Equitas, the reinsurer established by Lloyd's in 1996 as a run-off vehicle for its pre-1993 liabilities.
  • In the second of the week’s investment rating downgrades, Morgan Stanley analysts have changed their rating on shares of Berkshire Hathaway from overweight to equalweight.
  • Mutual Risk Management filed a lawsuit against US insurer John Hancock last week blaming it for contributing to the Bermudian based programme manager’s demise.
  • Sian Fisher became the second respected London market executive to announce a surprise resignation last week when she ended her 18-year relationship with Hiscox, a day after Lloyd’s finance director Andrew Moss resigned.
  • Lloyd’s finance director Andrew Moss surprised observers last week when he resigned to become the Group finance director of UK insurer Aviva plc.
  • Lloyd’s run-off reinsurer sees an end to its largest direct liability US engineering firm Halliburton has announced a $575mn (£317mn) settlement of its asbestos exposures with Equitas, the reinsurer established by Lloyd's in 1996 as a run-off vehicle f
  • The Depression had a salutary effect on underwriting results. The fire and casualty industry's combined ratio was below 100 percent every year from 1933 to 1945. The flip side of this, however, was that investment income as a percentage of premiums declin
  • A new method for the remaining Names who are exposed to their last cufflink may be introduced as Lloyd's considers the merits of English limited liability partnerships.
  • Lloyd's finance director Andrew Moss surprised observers on 29 January when he resigned to become the Group finance director of UK insurer Aviva plc.