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Syndicates
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Drugs In Bras
Mar 11, 2016A 23-year-old Chinese national has been arrested and charged in relation to the alleged importation of approximately 44 kilograms of liquid methamphetamine hidden in gel push-up bra inserts. On 25 February 2016, Australian Border Force ...
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Scientists Have "Scanned The Horizon" in Order to Identify Potentially Significant Medium
Dec 27, 2013Scientists from across the world have "scanned the horizon" in order to identify potentially significant medium and long-term threats to conservation efforts. Resurrection of several extinct species, the increasingly accelerated loss of ...
Tags: resurrection, extinct species, loss of wild rhinoceroses
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Ironshore's Pembroke Managing Agency Limited Is Offering Insurance to Satellite Financing
Nov 15, 2013Ironshore International announced that its Pembroke Managing Agency Limited (“Pembroke”) is offering insurance coverage for lenders engaged in the financing of satellite projects. The product provides insurance coverage for ...
Tags: Satellite Financing, Insurance
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Acquisition of Cathedral Capital Limited Is Completed by Lancashire
Nov 11, 2013Further to the announcement made on 7 August 2013, the board of directors (the “Board”) of Lancashire Holdings Limited (“Lancashire” or the “Company”) is pleased to announce that it has completed the ...
Tags: Lancashire, Cathedral Capital
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Lloyd's Has Posted a Profit of $2.1bn for The Six-Month Period Ended on 30 June 2013
Sep 27, 2013Global insurance market Lloyd's has posted a profit of $2.1bn for the six-month period ended on 30 June 2013, compared to $2.4bn recorded during the corresponding period last fiscal. Gross written premium increased by 4.9% to $23.9bn from ...
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TWGP Has Terminated Its Agreement to Acquire American Safety Reinsurance
Aug 22, 2013Bermuda-based global diversified insurance and reinsurance holding company Tower Group International (TWGP) has terminated its agreement to acquire American Safety Reinsurance (ASRe), from Fairfax Financial. Without disclosing reasons for ...
Tags: Tower Group, diversified insurance
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Lancashire Entered Into a Conditional Agreement to Acquire Cathedral Capital Limited
Aug 9, 2013International specialty insurance and reinsurance products provider Lancashire Holdings has entered into a conditional agreement to acquire Cathedral Capital Limited, a privately owned Lloyd's insurer, in a deal worth £266m in cash. ...
Tags: Lancashire, Cathedral Capital
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CTA Launches Cargo Crime Awareness Program That Focuses on The High-Risk 401 Corridor
Jul 23, 2013The Canadian Trucking Alliance (CTA) announced today the launch of new cargo crime awareness program that focuses on the high-risk 401 corridor between Ontario and Quebec. Dubbed "Project Momentum," the campaign will see the CTA partner ...
Tags: Transportation, Auto Parts
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Tower Group Inked a Deal to Purchase American Safety Reinsurance
Jun 4, 2013Tower Group International (TWGP) has inked a deal to purchase American Safety Reinsurance (ASRe), the Bermuda-based reinsurance firm, from Fairfax Financial, at a total consideration of nearly $59m. After completion of the transaction, ...
Tags: Tower Group, Fairfax Financial
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GR - NEAM Sets up a New Office in London to Expand Its Global Insurance Asset Management
May 30, 2013GR–NEAM, a wholly-owned subsidiary of General Re, has set up a new office in London, UK, in an effort to expand its global insurance asset management capabilities. A branch of the company's Dublin subsidiary, the new office is ...
Tags: GR–NEAM, subsidiary
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GIC Re Is Seriously Considering Expanding Reinsurance Business
May 29, 2013General Insurance Corporation (GIC Re), the Indian government owned sole reinsurer, is seriously considering expanding reinsurance business beyond domestic boundary through the acquisition of some Lloyd’s syndicates. Speaking at a ...
Tags: GIC Re Eyes, Service, Syndicates
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BGSU Completed a Temporary 100% Quota Share Reinsurance of Maiden Holdings' Excess
Apr 25, 2013Brit Global Specialty USA (BGSU), a US based service company of Brit Insurance, has completed a temporary 100% quota share reinsurance of Maiden Holdings' Excess and Surplus (E&S) division, Maiden Specialty. As part of this arrangement, ...
Tags: Brit Global, Maiden Specialty
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Beazley Would Provide Coverage for The Brownfield Redevelopment Community
Jan 24, 2013Beazley, a Lloyd's of London insurer, has introduced an Environmental Cleanup Costs insurance policy to provide coverage for the brownfield redevelopment community. Written on a non-admitted basis through Beazley's syndicates at Lloyd's, ...
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Years Ago The Typical Hacking Scenario Look for Public-Facing IP Addresses.
Dec 18, 2012Years ago the typical hacking scenario involved a lone attacker and maybe some buddies working late at night on Mountain Dew, looking for public-facing IP addresses. When they found one, they enumerated the advertising services (Web server, ...
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Beazley in Chicago Has Appointed Pamela Sfikas
Dec 4, 2012Beazley in Chicago has appointed Pamela Sfikas, a management liability underwriter, to strengthen the company's US team. Pam will specifically focus on building the EPL, Private Company D&O and Fiduciary books of business in the country. ...
Tags: Beazley, Pamela Sfikas, liability, insurance