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  • London News Digest - June 2005
    In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
    21 June 2005
  • SVB shifts focus to reducing capital costs
    The Lloyd's insurer SVB Holdings Plc is now pinning its hopes on negotiating a reduction in its capital requirements, as it is as yet no closer to agreeing a ring-fencing arrangement that could protect it from its enervating US D&O and financial...
    21 June 2005
  • Equitas optimistic despite asbestos boost
    Despite boosting asbestos reserves by £167mn, Lloyd's pre-1993 run-off vehicle Equitas heralded a year of progress which has left it in a stronger financial condition as it announced its financial results for the year ended 31 March 2005 early this month.
    21 June 2005
  • Lawsuits, downgrades, resignations, sackings: another month at AIG
    Insurer AIG continued to feel the full force of US regulators' ire this month with further fallout from recent investigations into its use of finite reinsurance.
    21 June 2005
  • Market softens to consolidation talk
    Just days after leading Lloyd's investor Rostrum Group announced it would cut loose its interests in Lloyd's quoted insurance stocks, citing a failure to foster consolidation among the companies, news broke that Amlin plc was in talks with fellow...
    21 June 2005
  • Brit replaces Collins Stewart with new boutique
    Brit Insurance Holdings has replaced Collins Stewart as its joint house broker and corporate adviser, only days after the stockbroking firm's chief executive became embroiled in a war of words with the Association of British Insurers (ABI).
    21 June 2005
  • General Re executives plead guilty to criminal charges
    A second senior executive at Berkshire Hathaway's reinsurance subsidiary General Re pleaded guilty this month to charges of criminal conspiracy brought in relation to the company's transaction with American International Group (AIG).
    21 June 2005
  • Senior Lloyd's figure resigns
    Jeremy Pinchin, the head of Reinsurance and Claims at the Society and a senior member of the Franchise Performance directorate, has resigned from Lloyd's.
    21 June 2005
  • International News Digest - June 2005
    In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
    21 June 2005
  • Lloyd's considers raising levies after arbitration blow
    Lloyd's is to consider raising the Central Fund levy to replace the £323.8mn deficit caused by the recent, modest settlement with its reinsurers, The Insurance Insider can reveal.
    21 June 2005
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