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  • US financial watchdogs have heaped further criticism on the Federal Reserve Bank of New York (FRNY) for its handling of last year's near-collapse of American International Group (AIG).
  • US financial watchdogs have heaped further criticism on the Federal Reserve Bank of New York (FRNY) for its handling of last year's near-collapse of American International Group (AIG).
  • The Lloyd's Market Association (LMA) has launched its London Market Wordings Repository today (29 August) as it continues to drive process reform and assist (re)insurers reach their contract certainty targets.
  • Renewable energy insurer GCube Underwriting Ltd (GCUL) and GCube Underwriting Services Inc (GCUS) has opened for business today (7 January) offering up to $600mn cover per project, for onshore and offshore...
  • Two of the largest ILS fund managers are caught up in uncertainty over the news that Credit Suisse is integrating its private bank subsidiary Clariden Leu into the group operations.
  • The largest Lloyd’s insurer is set to be created following the agreed takeover terms of Wellington Underwriting plc by Catlin Group Ltd, The Insurance Insider can reveal.
  • A number of Lloyd's syndicates have pared back profit predictions from the past two years of underwriting as low investment rates pull down results.
  • One of Britain's biggest liability loss adjusters Garwyn Group has appointed former XChanging and Marsh exec Artur Niemczewski as CEO.
  • Kiln plc has become the latest Lloyd’s company to announce plans to redomicile in Bermuda and launch an insurer on the island.
  • Bermudian reinsurer Max Capital has labelled a legal challenge to its merger agreement with IPC Holdings "meritless" and "nothing more than another attempt by Validus to distract investors".