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  • Centrix Insurance Holdings, parent company of Lonmar Global Risks, incurred losses of £3.12mn in 2010 after swallowing more than £2mn of costs paid out to marine underwriters that had been overcharged
  • Tony Lovett has re-emerged with a new London-based managing general agency (MGA) backed by Kiln, The Insurance Insider revealed late in September
  • US wholesaler AmWINS has until mid-October to disclose a firm intention to make an offer for Thompson Heath & Bond (THB) before it hits a deadline under the UK Takeover Code
  • RITC Syndicate Management (RSM) has completed the £68.5mn acquisition of HSBC's legacy motor insurer HSBC Insurance UK Limited (HIUK).
  • The winding up of insolvent UK insurer Highlands Insurance Company (HUK)'s liabilities moved within sight last month after cedant creditors agreed to a scheme of arrangement's terms.
  • Despite what appears an increasingly benign 2011 storm season for US reinsurers, Lloyd's is likely to post a full-year combined ratio of 105 percent or more, predicts S&P
  • (Re)insurance service provider and run-off acquirer Tawa last month reported a post-tax profit of $11mn for the first half of the year, with results boosted by capital releases from its legacy portfolios.
  • Lloyd's wrote more property cat premium than any other (re)insurer in 2010, with $4bn of gross premiums from cat-exposed property treaty
  • Zurich Financial Services will delay putting its legacy UK insurer Eagle Star out to tender until at least the first quarter of next year, according to market sources...
  • On the same day McGraw-Hill was issued the Wells notice, Standard & Poor's (S&P) was celebrating a legal victory in Ohio, along with fellow rating agencies Fitch and Moody's.