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  • Heritage is set to capitalise on the improved rating environment for UK liability by spinning off a new Lloyd’s Syndicate from their existing operations, Insider Week can reveal.
  • Aspen Re, the London market reinsurer spun-out of the Lloyd’s insurer Wellington Underwriting last year, is planning to reward its private equity backers by floating in the US later this year.
  • Montpelier Re, who floated last autumn on the New York Stock Exchange, joined fellow post 9/11 start-up Endurance Specialty as an A (excellent) company last Wednesday as the pair were upgraded by A.M. Best.
  • A good start to the year for Bermuda’s Endurance has registered with ratings agency A.M. Best. Last Wednesday, the group’s holding company announced that its subsidiaries Endurance Specialty Insurance Ltd, Endurance Reinsurance Corporation of America, and
  • Despite US legislation last year mandating insurers to provide compulsory terrorism cover, reinsurance companies appear reluctant to assume any of the new exposure. This was one of the many findings of the ratings agency Moody’s survey into the implementa
  • Munich Re – the world’s largest reinsurer by premium – released first quarter results showing an improvement on the final quarter of last year, but massive deterioration on the comparable first three months of 2002. The German group conceded that results
  • Total payouts fall, but shrinking surplus and deteriorating solvency margin as balance sheet weakens Equitas unveiled financial results for the year ended 31 March 2003, announcing a £399mn increase in gross discounted asbestos reserves. The world's
  • Heritage is set to capitalise on the improved rating environment for UK liability by spinning off a new Lloyd's Syndicate from their existing operations, The Insider can reveal.
  • Aspen Re, the London market reinsurer spun-out of the Lloyd's insurer Wellington Underwriting last year, is planning to reward its private equity backers by floating in the US later this year. Although less than a year old, Aspen plans to follow in the
  • Munich Re - the world's largest reinsurer by premium - released first quarter results showing an improvement on the final quarter of last year, but massive deterioration on the comparable first three months of 2002. The German group conceded earlier t