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  • Omega Underwriting Holdings plc has until the 1 August to table a fresh offer for its fellow Lloyd’s insurer Hardy Underwriting Group plc or withdraw its interest, according to a ruling from the London Stock Exchange Panel Executive.
  • First City, the independent Broker specialising in insurance for financial institutions, will recruit the five strong FinPro team that resigned from Marsh's Financial and Professional Indemnity division (FINPRO) subsidiary last month. The move will contin
  • Controversial compulsory buyouts of Names on Lloyd's Syndicates look set to hit the headlines once again after a 3 October Court of Appeals hearing permitted a claim for Judicial Review against Lloyd's to proceed - a process that could challenge the Socie
  • Aon Corp was the last of the three global brokers to report its second quarter results last week and they were perhaps the least remarkable.
  • The Irish insurance regulators have spoken for the first time on the probes facing the US insurance industry as the spotlight turns to Dublin – the scene of many of the finite reinsurance contracts now engulfed in controversy.
  • Aon Corp was the last of the three global brokers to report its second quarter results this week and they were perhaps the least remarkable.
  • Ratings agency Standard & Poor’s (S&P) has today outlined how it will treat counterparty credit ratings of property casualty insurers implementing solvent schemes of arrangement.
  • The passenger plane that crashed in Venezuela on 16 August killing all 160 on board was insured out of Lloyd’s of London.
  • The storms which struck the Eastern states of Australia last week will cost around $92mn (A$120mn) in insured losses, according to Australia’s Insurance Disaster Response Organisation (IDRO).
  • US insurer CNA has become the latest company to be subpoenaed in connection with ongoing investigations into the practice of finite reinsurance. In its 10-K annual report filing, CNA revealed that it has received both subpoenas and interrogatories from