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  • Lloyd's (re)insurer Hardy Underwriting has lifted gross written premiums by 26 percent year-on-year to £256mn for the first nine months of 2010.
  • Lloyd's specialty (re)insurer Catlin is increasing the share of business written from international underwriting hubs as London competition hits rates, according to its interim management statement.
  • A UK High Court has found against Lonmar Global Risks and in favour of rival London market broker Tysers in a long-running £2.5mn poaching case, The Insurance Insider can reveal
  • Run-off consolidators face tough challenges in finding growth opportunities as the low interest-rate environment continues, the legal head of consolidator Tawa Management told AIRROC delegates in New Jersey.
  • Legacy (re)insurer Grafton completed a transfer for UK supermarket firm WM Morrison's captive run-off liabilities understood to be in the "tens of millions".
  • Legacy (re)insurers whose traditional sources of revenue are drying up while liabilities shrink in the UK are looking further afield, run-off industry rainmakers heard last month in New Jersey.
  • Legacy specialist RiverStone is set to reinsure-to-close the open years of Syndicate 376, one of the largest remaining syndicates in run-off in the Lloyd's market, The Insurance Insider can reveal.
  • The Florida regulator has continued to ease barriers to foreign reinsurers, with the Bermuda operation of Lloyd's (re)insurer Hiscox the latest to secure a cut in its collateral requirements to 20 percent.
  • Ron Sandler rejected approaches from Lloyd's to take over from Lord Levene of Portsoken before events at nationalised UK bank Northern Rock effectively removed him from the running.
  • Ri3K's founding CEO Alex Letts has stepped down upon the firm's sale to fellow (re)insurance technology platform Qatarlyst.