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  • Having fought tooth and claw to escape a hostile takeover from Validus, Transatlantic Re's negotiated sale to P&C insurer Alleghany may have guaranteed the firm's future
  • We journalists are the scourge of English teachers across the globe. Like marauding barbarians we routinely mangle the raw material that so delights and fascinates the curators of our linguistic treasures
  • The impact of heavy 2011 catastrophe losses is clear to see in the statutory results of US reinsurers, which reveal an aggregate underwriting loss of $2.17bn for the sector for the first nine months of the year, according to data compiled by the Reinsurance Association of America (RAA).
  • Legacy acquirer Catalina Holdings has hired Martin Kauer as CFO/COO for its subsidiary Glacier Re under the firm's plan to expedite its run-off and expand its operations in continental Europe.
  • The captive reinsurance mutual for YMCA organisations across the US has been successfully liquidated on a solvent basis.
  • Transatlantic Re is being sued by a shareholder over the company's $3.4bn takeover deal with Alleghany.
  • The South of England protection and indemnity (P&I) club has been put into liquidation after a bitter court battle with the Bermuda Monetary Authority (BMA) over its solvency and corporate governance.
  • The US Securities and Exchange Commission (SEC) has charged another long-term employee of Bernie Madoff for facilitating the work of the swindler's massive Ponzi scheme.
  • Despite the plethora of broker poaching cases that make their way to the UK courts, it is possible to hire whole teams without falling foul of the law, the London market was told today (28 November).
  • Several Lloyd's insurers including Brit, Chaucer and Catlin are being sued by Proton Bank and Blanca Shipmanagement Company over a disputed $35mn marine claim.