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Tawa eyes further opportunities from Swiss Re after Pro deal
Legacy vehicle Tawa plc sees a "great opportunity" in its new relationship with Swiss Re after acquiring the reinsurance giant's P&C legacy business, Pro Group.
28 September 2009
Tawa buys Swiss Re’s P&C run-off arm
Tawa plc, the UK listed run-off group backed by French billionaire Francois Pinault, has acquired Swiss Re’s up-for-sale P&C legacy business, Pro Group.
28 September 2009
Ironshore ups casualty capacity to $25mn
Bermudian (re)insurer Ironshore's Specialty Casualty unit will now provide up to $25mn in capacity targeted to lead umbrella and excess layers...
28 September 2009
Lloyd’s profits up 40% on low claims and improving investments
The relatively benign claims environment and improving investment conditions in the first half of 2009 have pushed aggregate pre-tax profits among Lloyd’s (re)insurers to £1.32bn from £949mn in the prior-year period.
24 September 2009
Kiln launches into space with Scor hire
Lloyd's (re)insurer Kiln has entered the space market by appointing Laurent Esquirol, former senior space underwriter at Scor.
24 September 2009
EU to launch pan-European insurance supervisor
The EU is poised to move from being regulator to supervisor, as the European Commission launches legislation to create a pan-European insurance authority.
23 September 2009
Cathedral reigns in 2010 expansion plans
Short-tail specialist Cathedral Underwriting has become the latest Lloyd’s (re)insurer to reign in its 2010 expansion plans because market conditions are not as buoyant as initially expected.
23 September 2009
Amlin enters three-year rugby sponsorship deal
Lloyd's insurer Amlin is set to become a partner to the Heineken Cup and the European Challenge Cup...
22 September 2009
TSM Syndicate 1110 close to 2010 launch
TSM Agencies' Syndicate 1110 is close to joining the Nick Jones Apollo start-up in receiving indicative approval by Lloyd's to begin underwriting in 2010, The Insurance Insider understands.
22 September 2009
Willis outlook improves on debt reduction strategy
Willis Group's determination to reduce its debt burden has encouraged Moody's to revise its outlook on the insurance broker to stable from negative.
22 September 2009
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