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  • Lloyd’s insurer will ask for shareholders’ approval before continuing to write controversial viatical schemes GoshawK, the quoted Lloyd’s insurer, has agreed to seek their shareholders’ approval before writing viatical insurance - the controversial pra
  • 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.
  • Lloyd’s Members Agency remains hopeful that its innovative Fund will attract sufficient support as syndicates wait in the sidelines Lloyd's members' agent SOC Group extended the deadline for raising funds on its new investment fund yet remains confiden
  • Beazley, the Lloyd’s managing agency looking to expand its operations, is now aiming for a London flotation.
  • 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.
  • 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.
  • As widely predicted, Cox Insurance Holding’s Michael Dawson succumbed to shareholder pressure and stepped down as the Group’s chief executive. Dawson’s demise was the price for Cox’s dismal losses which saw the insurer approach Lloyd’s for a controversial
  • The Insider’s exclusive analysis of the interim results shows that the quoted insurers are benefiting from the current hard market
  • Silverstein appeals pro-insurer decision but Judge hints at sympathy for WTC carriers The (re)insurers exposed to the WTC programme reacted with relief to US District Judge Martin’s decision that an R&SA subsidiary, the Hartford and St Paul cannot be s