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  • Rating agency Standard & Poor's (S&P) has praised the operations of Equitas, the reinsurance vehicle set up in 1996 to reinsure Lloyd's 1993 and prior year exposures, on its 10th anniversary but also warned about the ongoing threat to the Society.
  • Despite acknowledging the intrinsic value of Marsh & McLennan Inc and the fact that its shares are undervalued, investors lack faith in the company's management, according to investment bank Morgan Stanley.
  • Lloyd's insurer Hiscox plc revealed on 1 September that it is close to setting up a Bermudian sidecar operation to reinsure its Lloyd's Syndicate 33.
  • If 2006 proves – as it has thus far – to be a benign natural catastrophe year, then Amlin’s management duo of chief executive Charles Philipps and underwriting director Tony Holt will have again called the right numbers.
  • If 2006 proves - as it has thus far - to be a benign natural catastrophe year, then Amlin's management duo of chief executive Charles Philipps and underwriting director Tony Holt will have again called the right numbers.
  • Two months after Jardine Lloyd Thompson's (JLT) proposed takeover of rival Heath Lambert fell through, analysts have turned their attention to the quoted UK broker's prospects as an independent entity.
  • 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.
  • Bear Stearns has agreed to buy Groupama's UK run-off insurance company, Minster Insurance Co.
  • UK motor insurer Highway Insurance Holdings Plc announced the return of Andrew Gibson as its chief executive on 29 August.
  • American International Group (AIG) has confirmed its sidecar Concord Re Ltd will have an initial capital of $730mn with equity funding provided by the US investor Chris Flower's firm JC Flowers & Co LLC.