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  • Novae has had a difficult run, with the Ogden rate change capping a period that has seen the departure of its respected CFO and a profits warning that telegraphed a significant book value drop.
  • London market carrier Novae's delayed results, which are scheduled for publication this week, are likely to come under intense scrutiny as investors look for signs of a resurgence following a tumultuous end to 2016.
  • A Hong Kong government advisory group has claimed the region is "facing a serious challenge" as a (re)insurance hub and recommended a series of regulatory and legislative changes to make it more attractive.
  • Swiss Re Corporate Solutions has opened an office in Kuala Lumpur, Malaysia, appointing Juerg Stoll as country head for the region.
  • Calamos behind Exin; PPL adds marine; Sydney hailstorm losses; Fairfax extends Allied deadline; Avatar to buy Epic; BHSI adds Asia A&H; D&F trio exits Sirius; MS Amlin builds LatAm hub
  • Catalina's owners are looking to capitalise on the "legacy moment" via a bid process that they hope will allow them to crystallise their gains and secure a $1bn valuation.
  • Doubts over the future of AIG president and CEO Peter Hancock have stirred debate over who might feature on a shortlist of potential candidates to replace him.
  • Cobalt's deferral of its targeted Lloyd's inception date beyond 1 April is a clear demonstration of the mounting difficulty of forming any true start-up on Lime Street.
  • Shariah-compliant insurer Cobalt is set to miss its 1 April projected start date at Lloyd's as it continues work to secure capital support for its proposed syndicate on acceptable terms, The Insurance Insider understands.
  • The Hartford remains on the acquisition trail as it looks to further expand its specialty insurance operations, The Insurance Insider understands.