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Aon sheds two firms

Ace has agreed to acquire Aon underwriting subsidiary Combined Insurance for $2.4bn (£1.19m). Munich...

Appointment at Aon

Bob Matthews has joined Aon Risk Control Consultants as a business development consultant. Mr Matthe...

Post pick of the week

Jonathan Swift, editor, Post Magazine outlines the major stories in this week's issue of Post including: Aviva delays decision on Pune transfer sparking speculation of an offshore u-turn; JLT boss Dominic Burke insists Thistle Underwriters is more than…

Marsh appoints new Scottish chair

Marsh has appointed its UK chief operating officer, John Nicholson, to be chairman of its Scottish operations, effective 1 January 2008.

Fitch: UK GI market stable

Fitch Ratings has said today that it is maintaining a stable outlook on the UK general insurance sector as insurers remain on the path of underwriting discipline in the face of more challenging market conditions.

Catlin in $225m US Cat bond deal

Lloyd’s and Bermudian (re)insurer Catlin has announced that it has bought coverage totalling $225m under a catastrophe swap agreement in the event of severe US natural catastrophes over a three-year period. .

Catastrophes kill 20 000 in 2007

More than 20 000 people were killed by natural and man-made catastrophes in 2007, according to preliminary estimates by Swiss Re.

FSA outlines travel insurance regulation plans

The Financial Services Authority today published a consultation paper setting out its detailed plans for regulating travel insurance sold alongside a holiday – known as Connected Travel Insurance (CTI) – which is mainly sold by travel firms and holiday…

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