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  • The long awaited judgement in the AXA/George Litto film finance case was handed down last month and, as the insurer feared, the presiding Judge has shown himself almost contemptuous of the insurer's arguments. AXA alleged that its former employee Jean Mic
  • Marsh, the world's largest insurance broker, has been sensationally dumped by Aetna on placing its own liability cover.
  • Lloyd's have confirmed the appointment of Lord Levene of Portsoken as the long-awaited successor to the chairmanship of Lloyd's.
  • Canada Life has issued a claim for relief and damages against French reinsurer Caisse Centrale de Reassurance (CCR) alleging that CCR has reneged “on four quota share agreements with Canada Life” and is therefore “irresponsibly and in bad faith underminin
  • US insurer John Hancock has filed a class-action complaint against 27 Enron directors and officers and auditor Arthur Andersen in a Houston Federal Court.
  • Wintherthur International America Insurance Co, a subsidiary of XL Capital, has filed a suit against aviation parts manufacturer Goodrich Corp after it claimed for lost revenues due to the 11 September attacks.
  • Despite seeing its investment income collapse 71.9% last year because of the“poor cash flow of the past”, US programme writer Clarendon would appear to have made a remarkable turnaround under the ownership of the world's fifth largest reinsurer Hannover R
  • The cost of buying Errors and Omissions coverage for insurance brokers has spiralled in recent months, due to significant exposures and claims arising in particular from the larger broking houses.
  • Despite a disturbing lack of debate, Lloyd's involvement in the Cox rescue package is a victory for common sense and pragmatism, says The Insider Despite setting an extraordinary precedent, Lloyd's ring-fencing of loss-struck insurer Cox Insurance is r
  • The market's tale of woe continues with further loss deterioration overshadowing proposed reforms and increasing premium incomes Lloyd's long awaited 1999 results were published last week accompanied by a pro-forma estimate for the first time of the 20