May 2004/2
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Heath Lambert Group has appointed Ian McMullan as director of Heath Lambert Financial and Professional Risks.
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Nigel Malcolm has joined Chaucer Syndicates to underwrite the institutional healthcare account for Chaucer Syndicate 1084 Specialist Lines Division.
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(Re)insurers surge ahead on hard market swell Bermuda’s (re)insurers got off to a positive 2004 first quarter with the majority posting results in line or above expectations.
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An 83 percent leap in pre-tax profits helped propel Lloyd’s insurer Atrium into a strong showing for the 2003 year of account.
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Bermudian giant XL Capital Ltd will part company with Nick Metcalf, the chief executive of its Lloyd’s arm XL London Market Ltd.
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UK insurers may be in line for claims payouts after flash floods hit London and parts of the West Midlands and Yorkshire on Tuesday (27 April, 2004).
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Quoted Lloyd’s insurer SVB has bolstered its claims management with the appointment of Jonathan Boyns into the newly created role of group claims director.
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Bermudian reinsurer GoshawK Re is to be rebranded Rosemont Reinsurance, it was announced last week.
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Lloyd’s syndicates are to be governed by the same rules as UK general insurers according to the latest recommendations published by the Financial Services Authority (FSA).
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Lloyd's and other insurers released from two-event scenario; Swiss Re bound by WilProp; other insurers not bound by one-event wordings; further trial to follow
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Partner Re has appointed Thomas Renggli, the former head of Swiss Re’s insurance marketing, central Europe, as the head of Global Finite Reinsurance.
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Fast expanding Hyperion Insurance Group, owner of London market broker Howden Insurance Brokers, has bought a stake in the reinsurance specialist, JK Buckenham Ltd for an undisclosed sum.
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