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  • The Catlin insurance group finally announced its intention to take advantage of buoyant investor interest by floating on the London Stock Exchange.
  • User Pays - Lloyd's responds Dear Sir, Thank you for the opportunity to respond to your article “User Pays Revisited” in the June issue of The Insurance Insider. I apologise for the delay in responding. However, this does enable me to set out MSU's 200
  • Finnish insurer and banker Sampo has said it will buy a controlling stake in non-life insurer If.
  • Lloyd’s insurer SVB has launched a new specialist service company, Novae Underwriting, to target the UK SME liability market.
  • The outlook for the 2002 year of account for Syndicates 587, 1084 and 1096 has improved significantly, according to the latest forecasts from Chaucer Holdings.
  • Independent Lloyd’s brokers Lochain Patrick Insurance Brokers Limited has announced plans to acquire London Special Risks Limited (LSR), the specialist marine insurance and reinsurance advisory and broking company.
  • The decline and fall of US independent broker Near North was heightened last week when the Chicago Transit Authority sued the firm for alleged misrepresentation over the commissions it charged the organisation in 2001.
  • New research from analysts at Morgan Stanley suggests that world’s largest insurer AIG may benefit from a combination of stronger equity markets, a weakening dollar and renewed enthusiasm for growth prospects in China in 2004.
  • Shares in Zurich’s former reinsurance arm Converium fell sharply as investors reacted to fears of collecting recoverables from its former parent, ZFS.
  • Brokers Willis delivered a warning to multinational companies last week to check the small print of worldwide D&O policies to ensure that their foreign exposures are fully covered.