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China Re receives final approval for Lloyd’s Syndicate 2088

Catlin and China Re have announced that China Re's application for a standalone Lloyd's syndicate has been formally approved and will officially begin underwriting on 1 January.

Charlie Thomas, 21 November 2014
US brokers lead new $25mn D&O programme

Three US wholesale brokers have teamed up to launch a $25mn public directors' and officers' (D&O) programme through Lloyd's

20 November 2014
The Standard Club announces 5% general increase

Protection and indemnity (P&I) insurer the Standard Club has announced a 5 percent general increase in premiums for the 20 February 2015 renewal.

Charlie Thomas, 20 November 2014
Fitch downgrades Towergate

Fitch has downgraded UK broker Towergate's long-term issuer default rating (IDR) to B- from B, and has placed the rating on negative watch.

Charlie Thomas, 20 November 2014
AJ Gallagher acquires Miller-Harrison

AJ Gallagher (AJG) has acquired Iowa-based Miller-Harrison Insurance Services, the US-listed broker announced today (20 November)

Winifred Okocha, 20 November 2014
Way hires IGI UK head to join expanding HIIG

Houston International Insurance Group (HIIG), the privately owned insurance group led by industry entrepreneur Stephen Way, has hired the CEO of International General Insurance (IGI) UK Ltd, Peter Smith

Peter Hastie, 20 November 2014
HCI faces potential class actions over $15mn CEO pay

Florida carrier HCI Group faces the prospect of shareholder class action suits over compensation granted to its CEO and board of directors in 2013

David Bull, 20 November 2014
HCI faces potential class actions over $15mn CEO pay

Florida carrier HCI Group faces the prospect of shareholder class action suits over compensation granted to its CEO and board of directors in 2013.

David Bull, 20 November 2014
Everest increases share buyback plan

Everest Re has upped its share repurchase authorization by five million shares and announced a 27 percent hike in its quarterly dividend.

David Bull, 20 November 2014
Insurers brace for early winter storm losses

Insurers are bracing themselves for losses from the arctic conditions that have driven down temperatures to record November lows in the US and dumped heavy snow over large areas of the country.

David Bull, 20 November 2014

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