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Cathay buys out Conning investors for $240mn

Cathay Financial Holding Co has bought out Aquiline Capital Partners and other shareholders in insurance industry-focused investment management firm Conning Holdings Corp for up to $240mn.

David Bull, 13 November 2014
RSG hires Argo Re exec to lead new MGA

Ryan Specialty Group (RSG) has hired Mark Peeters to take the CEO role at its new London-based directors' and officers' (D&O) managing general agency (MGA).

Charlie Thomas, 12 November 2014
Crabel Re launches on MultiStrat Re platform

Asset manager Crabel Capital Management has launched a Bermudian reinsurer, Crabel Re, which will operate on the MultiStrat Re turnkey platform.

Charlie Thomas, 12 November 2014
Charles Taylor Q3 trading in line

London-listed international insurance services provider Charles Taylor plc reported that it is trading in line with expectations in its Q3 interim management statement, released today (12 November).

Mark Geoghegan, 12 November 2014
Brit Insurance posts £1bn GWP for first nine months

Recently listed Lloyd's carrier Brit Insurance has reported a 4.9 percent rise in gross written premiums (GWP) to £990.7mn for the first nine months of the year, despite sterling's recent weakness.

Charlie Thomas, 12 November 2014
Marine and aviation boosts Novae top line

London-listed Lloyd's insurer Novae reported a 6 percent increase in gross written premium (GWP) to £515.1mn in its nine-month interim statement this morning (12 November)

Charlie Thomas, 12 November 2014
Delta Lloyd loses offshore wind insurance team to Canopius

Delta Lloyd's offshore wind insurance underwriting team, led by Maarten Mulder, is leaving to join Canopius at the start of next year, The Insurance Insider understands.

Karina Whalley, 12 November 2014
Integro buys large account employee benefit specialist Dominium

Integro has purchased Atlanta-based Dominium to lead its national employee benefit consulting practice as it looks to build out its offering in the fast growing market.

David Bull, 12 November 2014
Exile on Lime St: Jagger faces insurers in court

Vague policy wording around whether suicide counts as an event which is "beyond the insured person's control" is at the heart of a court battle between the Rolling Stones and 12 Lloyd's and London market underwriters.

Charlie Thomas, 11 November 2014
Kelvin Re 100% backed by Abu Dhabi sovereign wealth fund

The Abu Dhabi Investment Council is the sole equity backer of Credit Suisse Asset Management's Guernsey start-up reinsurance vehicle Kelvin Re, a report from rating agency AM Best has revealed.

Karina Whalley, 11 November 2014

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