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Wellington Underwriting is to raise £120m in a share placing to finance its new Wellington Re reinsurance business. 10-Oct-2002 Wellington Underwriting has announced plans to set up a £448m London-based reinsurance business called Wellington Re, which will focus mainly on casualty and property. 30-May-2002 Wellington Underwriting is in discussions with a number of venture capital companies about plans to form a £400m London-based insurance company, in order to benefit from the expected growth in new business next year. 26-Nov-2001 Wellington Underwriting is in merger talks with Limit, which could lead to the creation of the largest independent Lloyd's insurance group valued at £376m. 29-Mar-2000 Wellington Underwriting, the Lloyd's insurance business, is to acquire J Linnerman, the US managing agent, for £2.5m. 06-Jan-1999 Wellington Underwriting has made an agreed £35m bid for Premium Insurance to create a combined group with over £600m of underwriting capacity. 18-Feb-1997
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