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Amlin group executive David Harris to leave
Amlin's international development director and group executive member David Harris will be leaving the Lloyd's insurer after almost 10 years, The Insurance Insider understands
07 September 2012
Enstar makes closed-life play with $181mn HSBC purchase
Bermudian legacy giant Enstar has again demonstrated its voracious appetite for run-off insurance portfolios with the $181mn purchase of a book of closed-life insurance from a US subsidiary of HSBC
07 September 2012
The Insurance Insider Honours 2012: The Winners unveiled...
The Insurance Insider hosted its inaugural Honours event last night (6 September), celebrating professionalism and excellence in the global (re)insurance and specialty markets.
07 September 2012
Robert Hiscox awarded industry lifetime achiever award
Robert Hiscox's distinguished career spanning 43 years in the London (re)insurance market was recognised last night (6 September) in front of 600 of his peers at The Insurance Insider's inaugural Honours awards
07 September 2012
Ageas in exclusive talks to acquire Groupama UK
Belgian insurer Ageas is in talks to acquire the UK arm of Groupama Insurance, the personal lines/commercial carrier that wrote £408mn of premium last year
07 September 2012
AIG to sell quarter of AIA stake to fund $5bn share buyback
American International Group (AIG) is selling up to $2bn worth of shares in its non-core life insurance operation AIA in order to free up more capital to buy back AIG stock from the US Treasury Department.
06 September 2012
R&Q syndicate will help rebalance Lloyd’s
Randall & Quilter (R&Q)'s proposed start-up syndicate at Lloyd's will help "address the balance" between corporate and Names' capital, founding CEO Ken Randall has said.
06 September 2012
Darag raises capital for M&A firepower
German run-off (re)insurer Darag is poised to announce that it has raised EUR60mn of new capital from a consortium of investors that will effectively triple the size of its capital base, The Insurance Insider understands
06 September 2012
Zurich tipped to prefer security to price on £150mn+ Eagle Star sale
The auction of Zurich Insurance Group's UK legacy business Eagle Star is complicated by an intra-group reinsurance contract, The Insurance Insider understands
06 September 2012
(Re)insurer valuations leave legacy sector eyeing ‘walking dead’
Run-off buyers are increasingly looking to bid for live market (re)insurers as historic low valuations continue to leave much of the sector trading below the value of their net assets
06 September 2012
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