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  • The Insurance Insider's composite of global reinsurers recorded better third quarter underwriting margins in their P&C reinsurance arms, despite the amplifying pressures on profitability in the current market environment
  • Lloyd's to restructure operations; Bankers hired inScotiabank push; Krefta replaces Pinchin; United MGA investments barred; Fitch sector downgrade; Kaikoura loss forecasts; China carriers' $100bn expansion; Desmond loss estimate rises
  • The disposal of £600mn ($764mn) of RSA's legacy UK exposures has gone down to the wire, with parties now in the final stages of the bidding process, The Insurance Insider understands.
  • High net worth specialist The Pure Group (TPG) is set to launch a managing general underwriter (MGU) to write on the excess and surplus lines (E&S) paper of XL subsidiary Indian Harbor Insurance Company, The Insurance Insider revealed earlier this month.
  • QBE North America is expanding its new wholesale-only excess and surplus lines (E&S) platform, with distribution exclusively through intermediary giants AmWins, RT Specialty and CRC/Swett, The Insurance Insider understands.
  • Liberty Mutual has agreed to buy 100 percent of Ironshore from Chinese conglomerate Fosun in a transaction which indicates that takeout multiples are holding up better than many expected.
  • Lancashire is girding its loins for a 1 January battle to keep hold of the business written by Cathedral, after almost all of the senior staff at its Lloyd's subsidiary defected to start-up Blenheim.
  • Navigators has entered the US property cat excess of loss (XoL) reinsurance market by picking up the renewal rights on a book of business currently underwritten by fellow US specialty insurer RLI Corp, The Insurance Insider can reveal.
  • The Canada Pension Plan Investment Board (CPPIB)'s $1.1bn acquisition of Lloyd's carrier Ascot has completed, The Insurance Insider understands.
  • No matter how tumultuous the times in which we live, there is always one rock-solid constant upon which a fearful world can anchor itself - that the insurance industry is 15 years behind the times.