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  • Term life syndicates face additional hurdles, despite personal accident and contingency syndicates writing conceptually similar business.With only one life syndicate open to external members, perhaps its time for a rethink says Laptop.
  • Chartis leads the cover for the ATR-42 turboprop that crashed in Venezuela yesterday, with cover placed by JLT, The Insurance Insider understands.
  • Bermuda's deputy premier, Paula Cox, has succeeded in removing Bermuda from a list of tax havens drawn up in April by the Organisation for Economic Cooperation and Development by signing a Tax Information Exchange Agreement with the Netherlands.
  • Bermuda found itself in the middle of a Transatlantic diplomatic row last week after it emerged that its premier, Dr Ewart Brown, had unilaterally accepted the resettlement of four stateless Chinese Uighur Guantanamo Bay detainees...
  • American International Group (AIG) has filed a lawsuit against its former CEO and chairman Maurice “Hank” Greenberg as part of its long-running legal battle over ownership of shares in the US giant.
  • The Australian financial regulator, the Australian Prudential Regulation Authority (APRA), has banned a series of executives from acting as senior managers or directors in the insurance industry for their part in the collapse of HIH in 2001.
  • Amlin has walked away from its proposed bid for fellow Lloyd’s vehicle Chaucer.
  • The investigation of American International Group's (AIG) former chairman and CEO Hank Greenberg over his alleged role in the controversial finite reinsurance transaction that was used to boost the firm's earnings also includes a second deal, according to
  • German reinsurer R+V has been awarded EUR3,528,357 in damages from the former Lloyd's based managing agency Risk. The award came in a judgement handed down by Mr Justice Tomlinson this morning (10 July) in London's Royal Courts of Justice.
  • Stephen Way, the founder of HCC Insurance Holdings, has joined forces with a Chicago-based private equity firm to acquire businesses in the (re)insurance sector.