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  • Amlin's decision to increase its net written premiums (NWP) at a time of deteriorating rate adequacy has not increased the amount of risk on its books, according to group CEO Charles Philipps.
  • Senior liability underwriter Laurie Devereaux has resigned his position at AmTrust at Lloyd's, The Insurance Insider can reveal.
  • Venture capital firm BP Marsh has bought an initial 5 percent stake in London market managing general agency (MGA) Nexus Underwriting Management, investing a total of £1.55mn.
  • The proposed joint Lloyd's start-up that could see Charles Taylor become a turnkey managing agent and its partner the Standard Club become a syndicate is no longer aiming for a 1 January go-live date, The Insurance Insider understands.
  • Chris Williamson, the managing director of specialist bloodstock broker Hughes-Gibb, has left the intermediary, The Insurance Insider can reveal.
  • Staff-owned intermediary Howard Global, one of the biggest brokers in the niche bloodstock market, is up for auction, The Insurance Insider can reveal.
  • AmTrust's AG Doré Syndicate 2526 looks set to continue into 2015 along broadly similar lines to this year despite weeks of rumours about its future.
  • Florida start-up SafePoint Insurance Company has revealed the details of its 2014 reinsurance programme, which includes multiple event cover with a top or drop (ToD) layer.
  • State-owned carrier China Re is to hold off on a project to establish a platform in Switzerland as it focuses attention on its upcoming Hong Kong IPO, The Insurance Insider understands.
  • Australian mega-cedant Suncorp has raised the upper limit of its major 1 July catastrophe treaty from A$5.8bn to A$6.1bn, an increase of 5 percent.