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  • Trading by Wellington Underwriting plc in this year's Lloyd's syndicate auctions is being scrutinised following revelations that the company bought capacity on its own syndicate at a fraction of the price now being offered as part of the Catlin Group take
  • The $250mn loss of an African telecommunications satellite at the end of last year was placed in the space insurance market by Willis, with cover understood to be led by Munich Re.
  • Patrick Mina, the current head of Client and Market Services in the UK, has been appointed to the newly created role of Head of International Client and Market Services.
  • AIM-listed accountancy firm Vantis, which acted as liquidator to Stanford International Bank (SIB), suspended shares last week as two senior directors resigned amid deepening financial difficulties.
  • Ratings agency Moody’s says that the outlook for Australia's property and casualty insurance industry is stable. “The industry has registered a good underwriting performance in the last few years, largely due to its sound claims experience, driven...
  • Advisors appointed to discuss "strategic options" which include a possible sale; concerns over reserve adequacies; space shuttle loss and The Accident Group; future of Syndicate 102 in doubt; share price falls by 40 percent
  • At a time when the UK's public contempt for bankers and the City of London reaches near visceral proportions, companies in the Square Mile are under ever-greater pressure to be aware of their social responsibilities.
  • Natural and manmade catastrophes cost (re)insurers $43bn in 2010, making it the seventh most expensive year for the industry since 1970, according to the latest Sigma study by Swiss Re
  • Texas-based US Risk Insurance Group has announced that it will diversify into the reinsurance market as Goss Reinsurance Brokers.
  • UK retail and wholesale broker Cobra Holdings has agreed to sell some of its business operations in Caterham and Alton to ASG Risk Management, a subsidiary of Aston Scott Group