April 2010/4

The International Underwriting Association (IUA) has become the first (re)insurance trade body to welcome The Insurance Insider's London 100 tax policy discussion paper on possible pro-insurance industry tax reforms in the UK.

The Irish High Court placed Quinn Insurance in permanent administration last week, with attention now focusing on administrator Grant Thornton's plan to preserve the business as a going concern.

Expansive Bermudian Torus has emerged as the frontrunner to buy the renewal rights to the direct and facultative (D&F) operations of private equity-owned (re)insurer Glacier Re, our sister title Inside FAC revealed last week.

Lloyd's insurer Amlin is a 25 percent shareholder in a new managing general agent (MGA) set to be launched by former CEO of HCC International Insurance Company, Charles Manchester.

Bermudian-headquartered (re)insurer Catlin intends to form a new sidecar-style vehicle, Long Bay Re, which it will list on the London Stock Exchange's (LSE) junior platform, AIM.