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THB and CNA in new joint venture

THB Professional and Financial Risks has announced the launch of its new Delegated Underwriting Authority (DUA) for Professional Indemnity Insurance with CNA Insurance Company Europe Limited.

PartnerRe US head retires

Scott Moore, president and CEO of PartnerRe U.S., is to stand down, the company said in a statement. He will be replaced by Tad Walker, chief underwriting officer of PartnerRe U.S., succeeds Mr. Moore as the operation's president and CEO. Mr Moore will…

Max Capital gives Q4 investment return estimates

Max Capital Group, the Bermudian (re)insurer, said that it estimates that the total return on its overall investment portfolio, including unrealized gains and losses, for the quarter ended December 31, 2008 is positive 1% and for the year ended December…

Groupama: online uptake up 50%

Groupama Insurances claims brokers using Optima Small Fleet, its product for fleets of between 5 and 15 vehicles, have increased 50% since Since February 2008.

Aon offers credit insurance package for SMEs

Aon's UK credit insurance busines Aon Trade Credit has launched Aon Tradeability, to take advantage of the number of small-to-medium enterprises (SMEs) looking to protect their balance sheet over the last year due to the financial crisis.

Aon launches UK SME credit insurance service

With insolvencies set to increase in 2009, some 20% more of have turned to credit insurance this year to protect their balance sheet than in 2007. Aon's UK credit insurance busines Aon Trade Credit has launched Aon Tradeability, to take advantage of the…

Libero announce MBO from Lehman Brothers

Libero has completed a management buy out from collapsed investment bank Lehman Brothers from an undisclosed sum. It is now wholly owned by directors Stuart Degg, Quentin Moore and Steve Matanle.

Greek tragedy

Average individual losses emerging from the civil unrest in Greece are EUR10,000 (£9,113), rising to...

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