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  • Brian Bissett has resigned as chief data officer of XL Catlin to join Zurich, The Insurance Insider can reveal.
  • US mutual fund manager and major sidecar investor Stone Ridge Asset Management posted a 7 percent expansion to the net asset base of its three reinsurance funds in the first part of 2016 to reach $4.76bn.
  • Marsh Finpro has received widespread support from London management liability writers for its latest facility in a clear demonstration of the continuing dominance of broker-led offerings, sister title Inside FAC revealed earlier this month.
  • Underwriters have warned the rise in blockchain-based companies poses significant coverage challenges, as shown by the heist of $53mn of "ether" cryptocurrency from an investment fund in June.
  • The introduction of a series of premium taxes levied on the marine industry could hit fixed-premium underwriters and mutuals as shipowners battle against the charges.
  • The International Underwriting Association (IUA) has elected six London market executives to its board, the organisation announced on 5 July.
  • Colorado State University (CSU) updated its 2016 hurricane season forecast on 1 July to include one extra named storm, bringing the total number predicted to 15, as it said the transition away from an El Niño weather pattern continued.
  • Lloyd's managing agent Apollo has hired well-regarded marine underwriter Iain Henstridge as it looks to build out a hull book, The Insurance Insider understands.
  • Although there was evidence in some international territories of a slowdown in rate softening, price falls still typically outstripped the US for P&C reinsurance lines, according to mid-year renewal data from Willis Re.
  • There was further evidence of slowing rate reductions for US P&C placements at the 1 June and 1 July reinsurance renewals, according to Willis Re.