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  • Hardy Underwriting Bermuda Limited has launched a reinsurance joint venture based in Bahrain in equal partnership with Arab Insurance Group (Arig).
  • Texas-based Southwest Insurance Partners Inc (SWIP) has completed a $20mn capital raise increasing its overall capitalisation to more than $115mn, The Insurance Insider can reveal.
  • While Beaufort and Beazley remain on course to launch special purpose syndicates (SPS) for 1.1, fellow Lloyd's insurers Hardy Underwriting and Ark Underwriting have shelved plans to establish new sidecar style vehicles for the 2010 year.
  • Tokio Millennium Re (TMR) is set to become the latest specialist Bermudian catastrophe reinsurer to diversify into new business lines at the 1.1 renewals, The Insurance Insider can reveal.
  • Hardy Underwriting Bermuda Limited has launched a reinsurance joint venture based in Bahrain in equal partnership with Arab Insurance Group (Arig).
  • Willis Group's reinsurance arm unveiled a series of management changes and a new organisational structure last week.
  • Last week, it was five years ago that the then New York Attorney-General Eliot Spitzer unleashed his snarling pit bull on the US P&C industry with his notorious bid-rigging/steering charges against MMC.
  • UK regulator the Financial Services Authority's (FSA) clarification of its approach to vetting senior appointments for regulated companies represents a considerable expansion of its powers...
  • If the most effective way to tackle conflicts of interest is full and unvarnished disclosure then this appears to finally be the consensus among senior state insurance officials...
  • Broker Willis Group has appointed former GCFac's Latin American operations, Hugh Powell, as CEO of Willis Facultative in Latin America...