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  • Brokers are pushing multi-year deals more aggressively than any time in the last 10 years. Underwriters are not being firm in resisting their overtures...
  • Berkshire Hathaway is ready to take its shopping trolley to continental Europe to pick up discontinued insurance business, according to a key executive of the Warren Buffett-led firm.
  • Malta-based captive run-off specialist Grafton (Europe) has had its A- rating with a stable outlook affirmed by AM Best.
  • French firm Scor has joined the list of reinsurers targeting the emerging market for longevity risk swaps, as pension funds face up to uncertainties around life expectancy data.
  • Today's fatal Domodedovo terrorist bombing is unlikely to lead to a significant loss for insurers as Moscow's busiest airport is understood to have not bought insurance.
  • Markel Corp booked net profits of $89.7mn that almost trebled the $30.3mn reported in the prior-year period as strong performance in its London operations helped return the US insurer to an underwriting profit.
  • It may have been another benign year for US hurricanes, but IPCRe's international book means it has inevitably taken a number of hefty non-US catastrophe losses, not least from the UK summer floods.
  • If Haverford succeeded in its bid to take over Omega the incumbent CEO Richard Pexton would remain in place, according to a well-placed source
  • Hannover Re's groundbreaking Fac Pool Re securitisation is facing the prospect of major losses as a legal dispute begins over some of the business ceded into the pool.
  • UK insurer Royal & Sun Alliance (R&SA) reported a £685mn leap in its full-year after tax performance. After tax profits were £605mn last year, a marked improvement on 2004’s £80mn loss. Profits before tax rose to £865mn in 2005 from £80mn the...