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  • Florida homeowners' carrier Anchor Insurance Holdings has bolstered the surplus of its operating subsidiaries, raising at least $17.14mn in the last four months, The Insurance Insider can reveal.
  • Liability specialist DL Dale has appointed Richard Frost and Richard Loader as senior class underwriters.
  • Marsh has become the first insurance broker to join the Enterprise Ethereum Alliance (EEA), a network of over 400 companies developing open-source blockchain technology.
  • Investor Carl Icahn’s representative on AIG’s board of directors has notified the company that he will not seek re-election in May, according to an SEC filing late today.
  • Former WR Berkley executive Jon Schriber has re-emerged as head of structured risk, North American P&C at PartnerRe, The Insurance Insider can reveal.
  • Zurich Insurance Group has entered talks with run-off players about the sale of a North American asbestos book with around $500mn of reserves, The Insurance Insider can reveal.
  • The Target Operating Model (Tom) is set to transition to a "user pays" model, as trade associations seek to curtail the amount of existing funding planned for 2019.
  • Word out of the Association of Insurance and Financial Analysts (AIFA) conference in Naples, Florida, last week was that there was an "undercurrent of ebullience", as one analyst dispatch put it, because of the full valuation XL Group attracted from acquirer Axa.
  • Analysts attending the Association of Insurance and Financial Analysts (AIFA) conference in Naples, Florida, last week came away with a sense that (re)insurers see more M&A in the offing given the rich price Axa agreed for XL Group and the need for increased scale.
  • Crop insurers in the US anticipate lower premiums this year as prices for the nation's largest agricultural commodities - grains and soybeans - remained largely stable heading into 2018, while reinsurance rates may be down in the low-to-mid single-digit range.