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  • Post-Katrina start-up activity is gaining momentum with news that US insurer Chubb Corp is set to help launch a new Bermudian reinsurer, Harbor Point Ltd. Chubb will own 16.25 percent of the new company, which will begin writing business from...
  • US insurers Chubb Corporation and WR Berkley reported profits up and premiums down for the first quarter of 2007.
  • A new survey of Lloyd's underwriters suggests that pricing rather regulation comes top of insurance buyers' list of concerns - and that the big issue in 2005 for the industry a whole will be management of the pricing cycle. The survey, which was commis
  • Munich Re has bought UK intermediary Bell & Clements Group as it looks to increase its control over primary insurance business.
  • Bermudian reinsurer Everest Re has warned that its fourth quarter earnings will be hit by 2004’s catastrophe losses.
  • Independent US broker Brown & Brown Inc (B&B) has completed its second purchase in recent weeks, with the acquisition of Californian firm Ruland & Mattingley last Thursday (2 December).
  • Specialist Lloyd’s insurer Hiscox has issued its third quarter 2004 forecasts for the 2001, 2002 and 2003 years of account for Syndicate 33.
  • Spanish-headquartered Mapfre Group has posted a 6.3 percent gain in gross H1 pre-tax profits to EUR874.5mn, despite a EUR96.6mn Chile earthquake hit and Iberian Peninsula and US storms impacting the bottom line.
  • Dutch insurance giant AEGON has closed a £250mn value in-force (VIF) life insurance securitisation with Barclays Capital that unlocks cash tied up in its primary UK subsidiary, Scottish Equitable.
  • Dutch insurance giant AEGON has closed a £250mn value in-force (VIF) life insurance securitisation with Barclays Capital that unlocks cash tied up in its primary UK subsidiary, Scottish Equitable.