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  • Bermudian Arch Capital followed its compatriot Platinum Underwriters in booking a solid set of Q2 figures as its bottom line benefitted from improving investment conditions and healthy reserve releases.
  • The Bermudian (re)insurer Validus Holdings Ltd has emerged as the front-runner to buy the up-for-sale Lloyd’s insurer Talbot Underwriting Holdings, The Insurance Insider understands.
  • Amlin does not need to redomicile away from the UK because it can pay offshore tax rates while remaining onshore, according to chief executive Charles Phillipps.
  • The London market is enjoying strong rate rises in 2006, according to trading statements from three leading quoted Lloyd's (re)insurers.
  • The Bermuda Monetary Authority (BMA) has outlined a roadmap for creating a regulatory framework that is recognised as equivalent to the European Solvency II (SII) regulations.
  • Chartis reports small rise in Japan loss; Lancashire bucks trend with Q1 underwriting profit; Validus absorbs $271mn cat losses; Markel records profits despite cat toll
  • The historically high level of reserve releases that have been boosting insurers' profit margins since 2003 are set to come to an end, according to research carried out by Deloitte.
  • Hyperion Insurance Group is working towards a potential initial public offering (IPO) in 2012 if and when a market valuation of £250mn can be met, according to its CEO.
  • Chaucer plc's share price has deflated by 10 percent since it emerged that Terra Firma had approached the Lloyd's insurer, amid growing scepticism over Lime Street ever seeing a bidding war.
  • UK insurer Prudential has denied that it will unveil a revised takeover proposal for AIA, the Asian business of US insurer American International Group (AIG).