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July 2012/3

  • Freddie Mac is in talks with a trade group to discuss how to reduce force-placed insurance fees, according to QBE, which is the second largest carrier in the US force-place market.
  • Hiscox plc has disclosed a significant improvement to its forecast for the 2011 year of account at its flagship Lloyd's syndicate.
  • Suncorp has released an update on its cat reinsurance renewal, confirming many of the details revealed by The Insurance Insider in the last month.
  • US specialty insurer AmTrust has ended its search for a Lloyd's platform after buying the diminutive Dore & Associates (DAHL) and its Syndicate 2526.
  • Chubb feels the wind; Howard takes top job at Towers Watson; Equinox appoints Lewers; Mitsui hires in liability; Things looking up in casualty; Arch Re fac in London ; UK flood levy proposed; WR Berkley towers; Catco ups loss ; Lloyd's touchtable; Willis gets Guernsey licence
  • Carlson Capital has indicated its willingness to listen to offers for Lloyd's carrier Barbican and is working with prolific sell-side advisor Evercore to explore its strategic options, The Insurance Insider can reveal.
  • At a recent event hosted by this organisation a prominent scientist made an interesting observation based on detailed analysis of the best historical data on extreme windstorm events.
  • The total loss to Zenkyoren's $7bn-limit reinsurance programme has turned attention to the exposed private layers sitting above the 935bn yen ($11.8bn) open market cat programme.