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  • Start-up European reinsurer Glacier Re has added to its pool of underwriting talent with the appointment of Franco Masciovecchio as senior underwriter on its property and energy portfolio.
  • New Willis Global chairman and CEO Steve Hearn is to unveil a new structure for the unit next month, The Insurance Insider can reveal...
  • The Office of Fair Trading (OFT) has announced that it will continue to review and monitor the UK liability market to ensure it continues to function without the difficulties encountered in 2003.
  • August saw little let up in the industry's enthusiasm for non-traditional reinsurance vehicles so The Insurance Insider's forthcoming Contingent Capital & Securitisation event is perfectly timed.
  • Munich Re misses analyst expectations by EUR277mn Munich Re missed analysts' expectations by a significant margin in its third quarter results for 2003. The world's largest reinsurer said on 25 November that it had made Q3 net profit of EUR152mn - w
  • At the time of going to press, the first round of Lloyd's Syndicate 2001 results were beginning to trickle through, as the Corporation's listed vehicles reveal their final figures under the three year accounting system and detail development on the 2002 a
  • Moody's has said that its downgrade today (24 August) of the Japan Government Bond (JGB) rating to Aa3 from Aa2 will not directly affect the Aa insurance financial strength (IFS) ratings of three Japanese P&C insurers.
  • A potentially devastating black hole for satellite insurers over Boeing 702 losses Space insurers are facing a potential $1.6bn loss - the largest loss in the history of satellite cover - after six Boeing-built satellites were found to have a much sho
  • Munich Re continued the trend for (re)insurers to buy brokers and agents to increase control over distribution with its acquisition of UK intermediary Bell & Clements Group this month.
  • Insurers were dealt a blow last week as government ministers said they will amend UK compensation laws in response to a House of Lords ruling that could potentially have reduced payouts to asbestos-related claimants.