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  • French reinsurer SCOR Group has revealed a 55 percent increase in its gross written premium during the first half of this year, primarily driven by its acquisition of the life reinsurer Revios.
  • Caribbean-based financial services group, Guardian Holdings Ltd (GHL) is to combine its two European motor insurance companies to create a single Gibraltar-based insurer and brand.
  • Lloyd’s (re)insurer Kiln plc released full details of its investment portfolio last week, as market uncertainty continued over insurance company’s exposure to sub-prime debt and collateralised debt obligations (CDOs).
  • Lloyd’s insurer Chaucer Holdings plc has confirmed it will increase its motor portfolio to offset the reduction in capacity in its other classes.
  • The brutal uncertainty in the equity markets, together with the menacing presence of Hurricane Dean, is a reminder of the capricious nature of the (re)insurance business.
  • Cayman Islands reinsurance vehicle, Greenlight Capital Re, said it had second quarter earnings of $21.3mn – a three hundred percent increase on its inaugural second quarter last year.
  • Bermudian (re)insurer RenaissanceRe has promoted Larry Richardson to senior vice president of its strategic investments arm, Renaissance Re Ventures.
  • Montpelier Re has made progress in its new US operation as it diversifies from its roots as a Bermudian monoline reinsurer.
  • Lloyd’s investment vehicle Hampden Underwriting plc (HUP) is pushing ahead with its £15mn floatation on the London Stock Exchange’s Alternative Investment Market (AIM) and trading is expected to commence on 4 September.
  • Listed Lloyd’s insurer Hardy Underwriting Group impressed analysts after upgrading its syndicate forecasts in a “bullish” trading statement on 16 August.