April 2009/1
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Glacier Re, the Swiss-headquartered reinsurer, is still considering bid interest after putting itself up-for-sale earlier this year, The Insurance Insider can reveal.
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The new sidecar? Proportional reinsurance back in vogue as other capital avenues close...
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The success of a controversial $45mn claim from Stanford Financial Group (SFG)'s former chief investment officer (CIO) against a number of Lloyd's insurers will boil down to the specific wording of the original directors' and officers' (D&O) policy in whi
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Lockton International is outsourcing its London professional indemnity (PI) claims broking department to commercial liability claims specialist Devonshire Claims Services (DCS).
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The muscular yen contributed to average rate rises of 5-10 percent on Japanese property cat treaties at the key 1.4 renewal, according to reinsurance brokers Willis Re and Aon Benfield.
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Defections from Aon Benfield have continued, with confirmation that the former head of Benfield's Brussels office Wim Raeymaekers and his colleagues, Petra Vynckier and Karen Serrus, are joining rival broker Guy Carpenter...
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Copenhagen Re, the Danish reinsurer that was a victim of the industry's 2001 WTC losses, has now drawn up a short-list of bidders for the run-off company, The Insurance Insider can reveal.
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Your (re)insurer wriggles out of its underwriting liabilities? Don’t worry; you've always got Plan B - sue the broker...
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German insurer returns to ILS market with novel structure; but sharks circle legacy transactions...
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The presence of Lloyd's own run-off vehicle Centrewrite on the roll call of providers closing open years shows that the Corporation is comfortable with the RITC market, according to its director of finance, risk management, and operations, Luke Savage.
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German hedge fund Augur Capital will pay EUR20mn to acquire the former East German state marine (re)insurer Deutsche Versicherungs-und Rückversicherungs-AG (DARAG), representing a discount of approximately EUR7mn to net asset value, The Insurance Insider
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The battle to win the favour of IPC Holdings has descended into tit-for-tat exchanges between the cat specialist's Bermudian neighbours Max Capital and Validus Holdings.
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