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  • Macquarie Capital, which is managing the sale of troubled Quinn Insurance and sister company Quinn Healthcare, has set a 16 July deadline for expressions of interest, The Insurance Insider revealed
  • Recently listed "Class of 2005" reinsurer Flagstone Re, which went public in May, has reported a 100 percent increase in gross written premiums for the third quarter of 2007, to $123.7mn, boosted by $21.8mn of premium carried over from the acquisition of
  • Merchant bank Macquarie Capital, which is managing the sale of troubled Quinn Insurance and sister company Quinn Healthcare, has set a 16 July deadline for expressions of interest, The Insurance Insider can reveal.
  • Colemont Global Group, the international arm of US wholesaler Colemont Corporation, announced the acquisition of a majority share in a leading Brazilian aviation broker last week.
  • The National Association of Insurance Commissioners (NAIC) has proposed a rule change to the collateral requirements made on "alien" reinsurers.
  • AXA’s 2003 revenues were down 4.1 percent to €71.6bn today (2 February) as the French giant revealed turnover was affected by the strong Euro, the sale of overseas businesses in Australia, Austria and Hungary and its retrenchment from reinsurance.
  • Australian insurer QBE signed an agreement on 27 September for the acquisition of specialist insurer British Marine for an expected purchase price of $204mn. The purchase price will be close to 1.7 times the firm’s net tangible assets, which are...
  • French reinsurer SCOR today (31 May) revealed a disappointing set of first quarter results, as the repercussions of the crisis it slipped into during the latter half of 2003 continued to dog its recovery.
  • GCFac, the facultative arm of reinsurance broker Guy Carpenter, has bolstered its ranks with the launch of a structured risk team headed by former Jardine Lloyd Thompson (JLT) broker John Lobek.
  • Over 60 percent of UK businesses do not have the necessary business continuity management (BCM) plans to protect them in the event of a disaster, according to a survey conducted by Marsh.