Goshawk borrows
Bermuda-based Goshawk Re has borrowed $40m (£24.9m) from Barclays Bank, boosting its capital to more than £200m.
Windsor buy
Windsor plc, parent of Windsor Professional Indemnity, spent £9m buying the remaining 45% interest in its subsidiary.
FIL buys stake
Fund manager Fidelity International (FIL) bought a 1% share in Amlin to take its holding up to 11.3%, or 43 million shares. Meanwhile, FIL's subsidiary, Fidelity Investments, sold 416,000 shares, or 1.2%, in Domestic & General.
Hiscox law nod
Hiscox Direct has been officially endorsed by the Law Society, opening up a potential market of 85,000 lawyers for exclusive home insurance deals.
HBOS' Kiln slice
HBOS owns 19 million shares in Lloyd's operator Kiln, or 9.8% of its stock, it was disclosed.
L&G in Hiscox deal
Legal & General Investment Management (LGIM) purchased 50,000 extra shares in Hiscox, taking its interest to 8.7m shares, or 3% of the stock.
Misys results out
Misys releases interim results today.
The IT group's figures are expected to be in line with a trading update issued last month.
These suggested there would be strong revenue growth in the first half, but a decline in its banking division's performance.
PRI forecast right
PRI Group said its first four months' earnings would be in line with market expectations and its forecasts.
In its forecasts made before its £130m AIM flotation in June, the insurer said it expected to produce a pre-tax loss of £1.4m by 31 December 2002, based on gross written premiums of £21.8m and earned premiums of £3.7m.
The company forecast that by the end of 2003, it would make a pre-tax profit of £8.2m based on gross written premiums of £99.5m and earned premiums of £107.1m.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
