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Quindell reports £238mn restated loss for 2014

Troubled UK insurance services provider Quindell today (5 August) reported a restated pre-tax loss of £238mn for the full-year 2014, after an extensive audit of the company's accounts

Catrin Shi, 05 August 2015
Regulator gives Hannover Re internal model go ahead

Hannover Re has received regulatory approval to use its internal capital model to calculate its solvency capital requirements.

Winifred Okocha, 05 August 2015
Hardy defections continue as D&F trio joins Hamilton

Three CNA Hardy direct and facultative (D&F) property underwriters have resigned to take up positions at Hamilton Underwriting, the Lloyd's managing agency of Hamilton Insurance, sister publication Inside FAC has revealed

Charlie Thomas, 05 August 2015
Endurance raises Montpelier cost synergies estimate to $70mn+

Endurance has increased its initial projection of annual expense synergies from its acquisition of Montpelier Re by more than 16 percent, the firm revealed on its second quarter earnings call yesterday (4 August)

Himal Patel, 05 August 2015
Less than 1% of business lost in XL Catlin integration

XL Catlin has lost less than 1 percent of its renewing business as a result of the integration of the two companies, CEO Mike McGavick said yesterday (4 August)

Catrin Shi, 05 August 2015
Private equity house to buy Integro

Expansive insurance broker Integro has entered into an agreement to be acquired by entities affiliated with private equity house Odyssey Investment Partners.

Charlie Thomas, 05 August 2015
BHSI moves into marine in Australia and New Zealand

Berkshire Hathaway Specialty Insurance (BHSI) has begun writing marine insurance in Australia and New Zealand with two new hires the company announced this week (3 August)

Winifred Okocha, 05 August 2015
Pioneer launches E&S casualty division

Pioneer Underwriters has appointed Jim Pratte as executive vice president as part of its push into excess and surplus (E&S) casualty business.

Charlie Thomas, 05 August 2015
AmTrust to buy Nationale Borg for EUR154mn

US-listed carrier AmTrust has entered into an agreement to buy Amsterdam-based credit and surety (re)insurer Nationale Borg for a cash price of EUR154mn.

Charlie Thomas, 05 August 2015
Novae scores top and bottom line growth for H1

London-listed carrier Novae reported a strong set of interim results this morning (5 August), revealing top and bottom line growth as well as an improved combined ratio.

Charlie Thomas, 05 August 2015

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