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  • London market vehicle Brit’s transformation into a well capitalised, UK general insurer was reflected in its interim results published last week.
  • But will hurricane make US landfall? Uncertainty still surrounds the potential impact on the insurance industry of Hurricane Ivan, the third major storm to hit the Caribbean in the space of a month.
  • Admiral sets course for float Despite the gloomy forecasts for UK motor rates, the private equity backed Admiral Group will float on the London Stock Exchange later this month valued at between £634mn and £776mn.
  • On 7 September Wellington Insurance Holdings posted interim results for the first six months of 2004 that it said reflected continued earnings momentum and a confident outlook for the remainder of the year.
  • More news of rates remaining firm came from Kiln in its 9 September half-year results presentation.
  • For Lloyd's insurer Beazley Group, which only started underwriting as a listed insurer in 2003, its most recent interims were an opportunity to showcase pre-tax profits of £22.2mn on gross written premiums of £394mn.
  • Guy Carpenter has recruited marine specialist Tony Pointing, until recently the head of Aon's ReSpecialty Marine and Energy team in London, to become the new head of the reinsurance broker's Marine and Energy Non-Americas division.
  • Devastating S&P downgrade compounds troubles for Swiss Reinsurer following under-reserving revelation and share price collapse As the great and the good from the reinsurance industry converge at the annual Monte Carlo Reinsurance Rendez-Vous, the world
  • On 7 September Atrium Underwriting released its current trading statement on Syndicates 570 and 609, whose forecasts, it said, remained unchanged for 2002 and "improved" for 2003. It added that trading conditions had remained strong to date in 2004 and th
  • AM Best has affirmed the Syndicate Rating of “A” (Excellent) for Lloyd’s Syndicate 3000, while also affirming the Syndicate’s issuer credit rating of “a”, both with a stable outlook.