October 2011/4

Munich Re lower Q3 write-dow; XL issues $350mn hybrid; Mutual Friendship; Fairfax saves BoI; Brown & Brown shares leap; Willis duo departs; Allstate's $1.08bn Q3 cat bill; RLI shines; RFIB King abdicates; Platinum shines; Going Dutch; BP Marsh solid; Towers Watson ILS head; Aviva job cull; FSA approach insufficient - Lord Turner

RMS v11 and loss frequency and severity are at the forefront, while macroeconomic concerns skulk in the background as renewals negotiations pick up

Dear hedge fund manager, it has come to our attention that you have recently been approached with a view to investing in the reinsurance market.

Bermudian reinsurers are increasingly utilising quota share arrangements with US and international insurers and collateralised reinsurers to support their property cat portfolios and help manage peak capacity.