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  • Lloyd's insurer Canopius revealed it has commissioned a third party actuarial review of recently acquired Lloyd's motor underwriter KGM Syndicate 260.
  • As it struggles with a vast deterioration in claims, the management of motor insurer Equity's Syndicate 218 said that Lloyd's believes the company's 2011 business plan will restore the syndicate to profitability.
  • The independent Lloyd’s insurer Jubilee Group has reshuffled its senior management and board after the surprise departure of CEO Clive Buesnel last month.
  • Flagstone-backed Lloyd's start-up Apollo Syndicate 1969 has purchased additional reinsurance for 2010, having written business with potentially greater exposures than envisaged in its business plans.
  • The Insurance Insider is wary of immediately deducing market trends from notable events, but the sudden departure of Jubilee Group's CEO last month was intriguing because Clive Buesnel had been in the post for less than four months.
  • Lockton International is considering restructuring all of its international subsidiaries as limited liability partnerships (LLP), The Insurance Insider can reveal.
  • QBE's Lloyd's managing agent, QBE Underwriting Ltd (QUL), is considering major restructuring of the reinsurance programme for its flagship Syndicate 386 casualty operation for the 2011 year of account, Lloyd's regulatory disclosures have revealed.
  • A new, enhanced European insurance regulator will be up and running by next year under a revamp of financial supervision approved by the European Parliament this month.
  • Alterra is in talks to transfer a second of its Names-backed Lloyd's syndicates to Whittington Capital Management.
  • Auction prices for Lloyd's capacity later this week are likely to show a modest fall from last year's average of 20p for each pound of capacity, The Insurance Insider understands.