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  • WTC leaseholder Silverstein Properties and insurers led by reinsurance giant Swiss Re are litigating over which contractual wordings the various parties used in placing the building’s insurance cover.
  • Quoted Lloyd’s insurer Chaucer Holdings has announced an eightfold increase in profits, helped by supercharged premiums on the back of the hard market.
  • Munich Re is restructuring its struggling primary insurance subsidiary Ergo after it contributed to the reinsurer’s first loss for 98 years.
  • New run-off appointment, but 2001 loss uncertainty leaves 20 syndicates open Lloyd's is understood to be attempting to address the issue of run-off for open year accounts with the appointment of Stephen McCann as head of run-off for the Lloyd's market.
  • Lloyd's insurer Catlin has ended its long wait and gone public on the LSE. The IPO, London's second largest in 2004, raised £109mn ($200mn), with shares priced at 350p. This comes in at the bottom end of the 350-420p range predicted by Catlin in a 17 Marc
  • Ex-Faraday CEO Nigel Barton and former Xchanging In-sure Services MD John Benjamin have announced the formation of a new brokerage for the London market. The new company, named Oxygen, will place specialty risks such as yacht cover, employers' liabilit
  • Buffeted by a draconian restructuring programme and the departure of senior executives, UK broker Heath Lambert had some good news last month - in the shape of a number of new appointments and promotions to its regional and head offices. On 9 March Hea
  • In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
  • In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
  • Radical proposals designed to boost regulatory capital and improve financial strength ratings Lloyd's is planning to treble the size of the Central Fund to £2bn in an innovative scheme which involves a compulsory three-year rolling loan from all of its