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  • Fresh QBE bid falls short of IAG's expectations
    An improved merger bid for Insurance Australia Group (IAG) from QBE Insurance is likely to fall short of its own "fair value" of the business, the company has indicated.
    19 May 2008
  • Arig Q1 profits slump on investment returns
    Arab Insurance Group (Arig) has revealed profits more than halved in the first quarter of 2008, compared to the prior-year period.
    19 May 2008
  • Chaucer's Q1 investment performance hit by market turmoil
    The investment portfolio of listed-Lloyd's insurer Chaucer Holdings plc returned a loss in the first quarter as it was hit by the continued global economic and credit turbulence.
    19 May 2008
  • Catlin on track for full-year forecast despite Q1 claims
    Catlin Group Ltd is on track for its full-year forecast, as premium income remains flat in the first quarter of 2008, according to Numis Securities.
    19 May 2008
  • PartnerRe names new global CEO and chairman
    Bermudian PartnerRe has announced two senior management changes to its non-US global operations.
    19 May 2008
  • Aspen in $300mn share buyback
    Aspen Insurance Holdings Ltd has announced a $300mn share buyback, which will include a deal to repurchase around 4.1 million shares from one of its founding private equity backers, Candover Partners Ltd.
    19 May 2008
  • Greenlight Re Q1 losses decrease
    Cayman Islands-based reinsurer Greenlight Capital Re revealed its losses more than halved in the first quarter compared to the same period last year.
    19 May 2008
  • Proposed Heath Lambert sale threatened by objections
    The proposed sale of Heath Lambert's wholesale operations to Cooper Gay is coming under further pressure as executive opposition to the deal increases at the broker, The Insurance Insider can reveal.
    19 May 2008
  • Argo closes Heritage buyout
    Lloyd's insurer Heritage Underwriting Agency plc has applied to the London Alternative Investment Market (AIM) to cancel admission of its shares to the exchange following closure of its acquisition by Bermudian Argo Group International Holdings Ltd.
    19 May 2008
  • Florida stays Allstate ban
    Florida insurance commissioner Kevin McCarty has stayed an order suspending Allstate's ability to sell new business in the state, according to reports.
    19 May 2008
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