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Company Example A

Overview
Content
Data

Company type

Insurance-Linked Securities (ILS) and Investment Managers

Miscellaneous

Founded
1896

Major offices

Zurich, CH (headquarters)
Nassau, BS

Officers

Smedley MacGuffin (CEO)

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  • Argenta’s new marine Lloyd syndicate will be allocated number 1965 when it begins trading next year, Insider Week can reveal.
  • Although the New York attorney general set the wheels in motion, last week provided ample evidence that many other US regulators are proving equally zealous in probing the insurance industry for apparent defects.
  • Directors and employees of brokers Benfield have sold stocks worth £38mn as part of a placing of over 12 percent of the company's shares.
  • Lloyd’s broker Agnew Higgins Pickering has announced the retirement of Chairman Tony Pickering.
  • As the fallout of New York attorney general Eliot Spitzer’s investigation into contingent commissions gathers pace, it emerged last Friday (12 November) that Connecticut’s attorney general Richard Blumenthal has now issued subpoenas to 42 insurers and ins
  • New York attorney general Eliot Spitzer said last Friday (12 November) that he expects the federal government to supercede states in the regulation of insurance companies, as he dismissed the current system as a failure.
  • After several months of speculation, Berkshire Hathaway backed insurance company Euclidian will announce tomorrow (16 November) that its Lloyd’s Syndicate 1243 is to be placed into run-off and will not take on any new business for the 2005 year.
  • David Mann, the founder of the eponymous Lloyd’s insurer, is to join the board of the specialist Lloyd’s based Hardy Underwriting Group later this month.
  • The French insurance market is maintaining its stability despite increased pressure on motor rates and a lacklustre economy, according to a report from rating agency Standard & Poor’s (S&P).
  • UK motor insurer Cox Insurance Holdings has received a number of bid approaches, the company confirmed yesterday.