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  • Munich Re has confirmed it will push ahead with ambitious plans to form a $20bn liability limit offshore energy consortium with global brokers, as it unveiled a 2010 profit forecast upgrade following a strong third-quarter performance.
  • Hardy Underwriting has rejected a second 330p per share offer from Beazley that values the company at £170mn, and has refused to consent to takeover talks.
  • As UK motor insurer Admiral licks its wounds after a share price collapse followed a shock profits warning last week, there have been warnings that the industry has yet to fully solve the problems caused by fraudulent claims and bodily injury claims inflation.
  • Everest Re held the fall in its second quarter profits to just 16 percent as it benefited from relatively low US storm losses and broadly robust reserves for first-quarter cats.
  • In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
  • The auditors of failed UK insurer Independent Insurance have been fined £500,000 and ordered to pay costs of £1.15mn by the UK accountancy watchdog after a tribunal found the firm's conduct "seriously below the appropriate standard".
  • The upcoming elections for Lloyd's governing body, the Council of Lloyd's, has provoked a bitter contest between candidates seeking to represent the interests of Lloyd's Names.
  • R-T Specialty, the wholesale arm of Pat Ryan's broking start-up, has made its first acquisition, picking up California-based wholesaler Chartwell Independent Insurance Brokers.
  • Contingents reignite; Aon in $4.9bn swoop; Willis London reshuffle
  • The musical chairs are continuing at American International Group (AIG), with the US insurer reportedly set to parachute in former Prudential plc CEO Mark Tucker as head of its Asian unit, AIA.