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  • An arbitration panel has ruled in favour of Realm National, Stirling Cooke Brown's C++ rated property and casualty reinsurer, in its dispute with John Hancock over a workers' compensation carve out reinsurance.
  • St Paul, one of the giant corporate capital providers to Lloyd's thought to be cooling about its involvement in the market, will not renew its reinsurance of the Central Fund when the policy expires next year.
  • The cost of buying Errors and Omissions coverage for insurance brokers has spiralled in recent months, due to significant exposures and claims arising in particular from the larger broking houses.
  • One of the few remaining independent Lloyd’s insurers plans to raise private equity capital in expansion drive The largest independent Lloyd’s agency Beazley is planning to raise capital from a consortium of private equity firms as part of a fund raisi
  • Aon's Dennis Mahoney has become involved in Combined's $100m WTC dispute with Lloyd's Dennis Mahoney, the rumbustious docker's son and head of Aon's UK operations, has been charged with responsibility for cajoling Lloyd's underwriters into paying the e
  • Canada Life has issued a claim for relief and damages against French reinsurer Caisse Centrale de Reassurance (CCR) alleging that CCR has reneged “on four quota share agreements with Canada Life” and is therefore “irresponsibly and in bad faith underminin
  • Despite seeing its investment income collapse 71.9% last year because of the“poor cash flow of the past”, US programme writer Clarendon would appear to have made a remarkable turnaround under the ownership of the world's fifth largest reinsurer Hannover R
  • Wellington are planning a 50 percent increase in capacity after agreeing terms for quota share reinsurance and a new parallel syndicate.
  • The market's tale of woe continues with further loss deterioration overshadowing proposed reforms and increasing premium incomes Lloyd's long awaited 1999 results were published last week accompanied by a pro-forma estimate for the first time of the 20
  • The front page of the business section of yesterday's (20 March) New York Times carried the following headline: “Credit Raters to Explain Enron Role.” The rating agencies' explanations took place yesterday before the Senate Governmental Affairs Committee,