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HCC looks to launch Lloyd's syndicate
Lloyd's insurer Illium Managing Agency Ltd is to apply to launch a wholly aligned syndicate to write business on behalf of parent HCC Insurance Holdings, Inc.
24 September 2007
AEGON feeds zest for growth with £250mn life ILS
Dutch insurance giant AEGON has closed a £250mn value in-force (VIF) life insurance securitisation with Barclays Capital that unlocks cash tied up in its primary UK subsidiary, Scottish Equitable.
22 July 2008
Underwriting turnaround boosts Fairfax profit by 20%
Improved underwriting profit drove a 20 percent increase in third quarter net earnings to $562.4mn for Canadian investment conglomerate Fairfax Financial Holdings, compared to $467.6mn during the same period in 2008.
30 October 2009
Houldsworth under fire in Gen Re finite trial
John Houldsworth, the former chief executive of Cologne Re Dublin, came under fire at the General Re finite trial with defence lawyers questioning his honesty, reliability and memory.
04 February 2008
Statement of truth in spotlight in North Korea case
The critical Court of Appeal verdict that upheld the Summary Judgement, which struck out large parts of the defence of London market reinsurers led by Allianz in a case brought by the North Korean national insurer...
19 November 2007
RenRe top-line falls
The impact of legislative actions in Florida earlier this year was reflected in the top line shrinking by 18 percent at RenaissanceRe Holdings Ltd as the reinsurer reported first quarter figures.
11 May 2007
ACE makes Peruvian move
Bermuda’s ACE announced last week it had increased its presence in the South American life market with the acquisition of Peruvian company Altas Cumbres Life Insurance Company (ACLIC) from its Chilean parent Grupo Altas Cumbres (GAC).
08 January 2007
Folksam UK: run-off fees continue to outweigh collections
The money collected by PricewaterhouseCoopers (PwC), the administrators of the defunct UK insurer Folksam UK, outweighs the collections made on behalf of creditors by almost £2.5mn, the latest report to creditors reveals.
29 October 2007
Kiln and WR Berkley confirm 2010 Lloyd’s capacity hikes
Expansive Lloyd's insurers RJ Kiln and WR Berkley have confirmed increases in capacity for the 2010 year of account.
24 November 2009
Ex Lloyd’s finance chief to head Aviva
Andrew Moss, the former Lloyd’s finance director, was the surprise choice to replace retiring Aviva chief executive Richard Harvey later this year.
15 January 2007
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