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  • The Lloyd's Franchise Board has been granted more time to consider raising the Central Fund levies next year in a move which may prove unpopular with the insurers who trade in the market.
  • In the nineteenth century, American railroad companies sold land to Europeans using a timeless method: fraud. Cold, inhospitable prairie was advertised as warm and fertile farmland with a year-round growing season. Badlands were billed as tropical paradis
  • Beazley has withdrawn its bid for fellow Lloyd's insurer Hardy after having its third and final 350 pence per share offer rejected at a meeting between the two companies.
  • Aon Benfield has branded the standard formulas proposed for natural catastrophe modelling under Solvency II regulations as a "disappointing backward step" for the industry.
  • Takeover target Chaucer Holdings booked modest underwriting profits of just £6.7mn in 2010 as its combined ratio widened to 99 percent on the back of £85mn of cat losses
  • Markel International, part of the stream of Lloyd's insurers opening a Singapore platform, has confirmed former Marsh Asia executive Peter Phillips will head its new office.
  • Bermuda headquartered reinsurer Aspen has signalled its expansion into the aviation market with the appointment of David Whiter as senior underwriter for aviation insurance with its London operation, Aspen Insurance UK Limited.
  • As Hannover Re expands rapidly, the reinsurer’s balance sheet looks increasingly taut Premium growth for the first six months of 2002 soared by 32 percent for Hannover Re, the world's 5th largest reinsurer. However instead of being a cause for celebra
  • Fast-growing Australian (re)insurer QBE Insurance Group Ltd has entered into a Joint Venture Agreement with the Rajan Raheja Group (RRG) to establish a general insurance company in India.
  • 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?