DUBLIN, July 2, 2010 - Global Indemnity plc (Nasdaq: GBLI) today announced the consolidation of its producer binding authority businesses, United National Group and Penn-America Group, under a common management structure. Matthew B. Scott, who is currently President of the Penn-America Group will also assume the Presidency of the United National Group and will manage both Penn-America's general agent relationships and United National's specialty program administrators. This change is effective immediately. With this change J. Scott Reynolds, who held the position of President of United National Group, has left the Company. "We thank Mr. Reynolds for his service to the Company and wish him well in his future endeavors", said Larry Frakes, President and Chief Executive Officer of Global Indemnity plc.
DUBLIN, July 2, 2010 - Global Indemnity plc (Nasdaq: GBLI) announced today that the redomestication transaction previously approved by the shareholders of United America Indemnity, Ltd. (Nasdaq: INDM) was completed. United America Indemnity, Ltd., a Cayman Islands company, is now a wholly-owned subsidiary of Global Indemnity plc, an Irish company, and the former shareholders of United America Indemnity, Ltd. are now the shareholders of Global Indemnity plc, which will continue the registration with the U.S. Securities and Exchange Commission (SEC) and be subject to the SEC's standard reporting requirements.
ST HELIER, Jersey, July 2, 2010 - Abbey International (www.abbeyinternational.com/) has announced that sterling interest rates on its popular 18 month fixed rate contracts (www.abbeyinternational.com/Fixed_Deposit.asp) are to be increased to 3.25% gross (3.22%AER), giving an effective rate of 4.87% over the 18 month term of the account with immediate effect.
STOCKHOLM, July 2, 2010 - Nanoradio today announced the launch of NRX600/605, a new unique family of products, the Eco-Fi(TM) family of products.
NEW DELHI, July 2, 2010 - - First-of-its Kind Report on Internet & SMEs to be Unveiled at 'Free for SMEs' Conference
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