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  • The chairman of Ireland's Personal Injuries Commission, Justice Nicholas Kearns, has said the country's data protection laws may need to be changed to bring it in line with the UK.
  • Global P&C insurance premiums rose an estimated 4 percent last year as the market grew at the slowest rate since 2010, according to Allianz.
  • Insurance industry service provider Patriot National may have "squandered" an opportunity to sell itself for more than $475mn and now appears to be bonding more closely with an insurance carrier owned by CEO Steven Mariano
  • Dubai-based carrier International General Insurance Holdings (IGI) reported an 8.3 percent drop in net profits for full-year 2016, amid a decline in underwriting income.
  • In late 2015, this publication confidently predicted that the Florida market was set to become the scene of frantic M&A activity as the owners of several of the state's homeowners' insurers looked for liquidity through a sale or IPO
  • London market carrier Barbican has hired Marc Sullivan as class underwriter for downstream energy from Starr Underwriting Agents.
  • The resignation of AIG boss Peter Hancock was just the latest twist for the US insurance giant over recent weeks, but Keefe Bruyette & Woods (KBW) analysts led by Meyer Shields think they have the solution to its challenges: Warren Buffett.
  • AssuredPartners has a “very active” pipeline of acquisitions as it looks to continue on its rapid growth trajectory, according to the US broker’s chairman and CEO Jim Henderson.
  • The US House of Representatives has passed a bill that would increase transparency related to asbestos trusts and clamp down on spurious class action claims.
  • Fairfax Financial raised the cash component of its nearly $4.9bn acquisition of Allied World to $28 a share, including a $5 dividend to be paid by Allied World, as the acquisitive Canadian P&C holding company stepped closer to completing its biggest deal yet.