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Guy Carpenter hits back at price fixing allegations
Global reinsurance broker Guy Carpenter has pledged to “vigorously defend” a series of devastating allegations launched by Connecticut attorney general Richard Blumenthal who claims the intermediary violated...
08 October 2007
Brown & Brown CEO returns from sick leave
Powell Brown has resumed his responsibilities as CEO of New York-listed broker Brown & Brown after taking a three-month leave of absence for health reasons.
26 April 2012
HCC looks to launch Lloyd's syndicate
Lloyd's insurer Illium Managing Agency Ltd is to apply to launch a wholly aligned syndicate to write business on behalf of parent HCC Insurance Holdings, Inc.
24 September 2007
Advent aims for June IPO as roadshow begins
Advent Capital Holdings Ltd have appointed the stockbroking firm Numis Securities to float the Lloyd's reinsurer on the Alternative Investment Market (AIM) next month, The Insurance Insider can reveal.
13 May 2005
London News Digest - April 2005
In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
19 April 2005
CBS sets ambitious £400mn target for new Lloyd's fund
The Insurance Insider provides full analysis of CBS's ambitious plans to set up a collective Lloyd's investment fund. Can it work where others have failed?
21 June 2005
Dresdner sale would ‘end drag’ on Allianz
Analysts have welcomed reports that Russia’s largest bank Sberbank is considering buying Allianz unit Dresdner Bank’s investment banking business.
11 April 2008
Munich Re disappoints analyst despite strong Q3 underwriting
Munich Re is on course for a full-year profit of EUR2.2-2.5bn after a significant improvement in its investment result pushed third quarter consolidated profit to EUR651mn, compared to just EUR2mn in the prior-year period.
05 November 2009
AIG pulls sale of two Japanese life units
American International Group (AIG) has pulled plans to sell Japanese life units AIG Star Life Insurance Co and AIG Edison Life Insurance Co.
02 November 2009
Advent to raise £30mn as its hurricane loss estimates mount; second Lloyd’s (re)insurer to burn through reinsurance cover
Lloyd’s reinsurer Advent Capital has increased its Katrina loss estimate by almost 50 percent and unveiled plans for a heavily discounted £30mn equity issue to fund its underwriting for next year. The reinsurance specialist revealed last week that...
28 November 2005
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