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2 July 2009  
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Lead story
James' role to be cut in Aon restructure

Clive James, group managing director of Aon Global Insurance Managers (AGIM) is believed to be leaving his post ahead of structural changes in Aon’s captive management segment.

An industry source..

Aon to set up Micronesian captive operation
Solvency II among drivers for rating European captives
AzCIA announces new 2009-10 officers
The Arizona Captive Insurance Association (AzCIA), which held its annual conference on 16 June, has elected Paul Deeley of Albert..
Swiss Re issues first cat bond with World Bank collateral
Swiss Reinsurance America Corporation (Swiss Re America) has obtained $100m from Cayman-domiciled Calabash Re II to reinsure US hurricane and..
ALPS acquisition: rating unchanged
The acquisition of Southern Title Insurance Corporation (Southern Title) by Montana risk retention group (RRG) Attorneys Liability Protection Society (ALPS..
Den Dekker appointed as FERMA head
The Federation of European Risk Management Associations (FERMA) has elected Peter den Dekker, corporate insurance risk manager at Dutch multi-national..
Montana RRG to acquire Virginia underwriter
The ALPS Corporation, owner of Montana risk retention group (RRG) Attorneys Liability Protection Society (ALPS RRG) announced yesterday that the..
Maine captive amendments signed into law
A bill amending Maine’s captive insurance law has been signed into law by Maine Governor John E. Baldacci. Bill LD..
Dow Chemical captive remains strong
AM Best Co has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of the..
Vermont RRG first to offer ENT and allergy medmal cover
An ear, nose and throat (ENT) and allergy private practice has announced the formation of the first risk retention..
Munich Re revisits non-US cat bond market
Munich Re has announced a €50m catastrophe (cat) bond transferring European winter storm and Turkish earthquake risks to the capital..
Randall & Quilter adds Woolworths to basket
Randall & Quilter, which acquired the Quest captive management group in January, is reported to be acquiring the Woolworths Group..
Medmal captive fraudster gets 5 years
A Michigan claims administrator who defrauded a medical malpractice (medmal) captive insurance company of over $3.6m has been sentenced to..