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  • UK professional services provider Quindell released a statement this morning (29 September) stressing that the board has no idea why its share price fell by more than 5 percent last Friday (26 September).
  • ANV Syndicates Limited (ASL) intends to launch accident and health (A&H) and cyber consortia next year, led by its Syndicate 1861, a Lloyd's capacity auction disclosure revealed today (26 September).
  • Lloyd's fledgling Apollo Syndicate 1969 is planning a 14.3 percent pre-emption in capacity to £160mn for 2015, Lloyd's auction disclosures have revealed.
  • The departure of Pimco's founder and co-CIO Bill Gross is unlikely to cause a major shift in insurers' portfolio holdings, according to initial conversations The Insurance Insider has had with a number of carriers
  • Names-backed Lloyd's blue chip carrier Managing Agency Partners (MAP) will reduce its syndicate's capacity from £453mn in 2014 to £400mn for 2015
  • ANV group chief executive Matt Fairfield will take on the additional role of interim CEO of ANV Syndicates Limited (ASL) from 1 October, following the departure of current managing director Peter Haynes.
  • Markel International has hired Leroy Almeida from big three trade credit insurer Atradius to head up its new office in Dubai
  • Bill Gross, the founder of Allianz's fund management giant Pimco, has quit as its chief investment officer and will be joining rival Janus Capital
  • ERS (formerly Equity Red Star) Syndicate 218 is still on "red" status at Lloyd's for its Solvency II readiness, with less than 18 months until the capital regime is due to be implemented
  • David Bruce, the co-founder and active underwriter of fledgling Lloyd's business Acappella, has announced his resignation from the firm.