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  • Losses from the collapsed Aon 77 energy lineslip to be contested in the High Court with the Central Fund and Aon’s E&O insurers exposed to outcome Lloyd's Central Fund may be forced to pick up the losses from Aon's collapsed energy lineslip regardless
  • SCOR’s longstanding chairman and ceo Jacques Blondeau has paid the price for the reinsurer’s miserable results and rating downgrades by resigning from the group. Last month SCOR, the world’s 8th largest reinsurer, issued a profits warning and predicted
  • Newman, Martin & Buchan Ltd, the Lloyd's energy reinsurance broker, has rejected a surprise takeover bid from Aon. According to market sources, NMB's chairman and cofounder Gordan Newman flew to Aon's Chicago headquarters recently to meet with Pat Ryan, t
  • Beazley, the Lloyd’s managing agency looking to expand its operations, is now aiming for a London flotation.
  • Rating agency A.M. Best has placed the financial strength rating of A- (Excellent) of Gerling Global and its core subsidiaries under review with negative implications.
  • The UK Government may be sued by embittered Lloyd's Names, following a European Parliament report that condemned the Government for its failure to regulate the Lloyd's market.
  • The Insider’s exclusive analysis of the interim results shows that the quoted insurers are benefiting from the current hard market
  • While European shareholders are becoming less tolerant of capital raising, Lloyd's investors just can't say no On 30 September SCOR announced a €400mn share issue, ostensibly to enable the French reinsurance group to increase its underwriting. SCOR's s
  • Lloyd's may lose some its current monitoring and compliance duties, under new tighter supervision from the FSA.
  • It goes against the Lloyd’s ethos of “one market”, but Standard & Poor’s assessments provide a new way to rank syndicates Lloyd's doesn't necessarily approve, but its customers are increasingly focusing on the syndicates they do business with rather th