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  • Our monthly column keeping check on US and EU legal and regulatory developments, in association with Sidley Austin LLP
  • Insurance-linked securities (ILS) demonstrated a more-than 60 percent long term correlation to the S&P500 index in the aftermath of the Lehman Brothers collapse last year, despite the sector purporting low or no correlation to the wider financial markets.
  • Transatlantic Holdings expects to take pre-tax net catastrophe costs of between $50mn and $100mn in the first quarter as a result of Australian weather events including the Brisbane floods and Cyclone Yasi
  • Flagstone-managed Apollo Syndicate has signalled its intention to diversify into the marine market by luring across Chaucer's senior cargo and specie underwriter Simon Le Mare, The Insurance Insider can reveal.
  • In our regular News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
  • Munich Re has followed Swiss Re in leaving its overall first-quarter loss estimate from cats unchanged at EUR2.7bn ($3.9bn)
  • AmWINS and Ryan Specialty Group (RSG) agreed to pay Aon a minimum of 12.5 percent commission on wholesale business before being appointed as its exclusive US partners, The Insurance Insider can reveal.
  • The distinguished list of high-profile staff poaching disputes in the facultative market can be added to after Boston-based Liberty Mutual's recent legal proceedings against Bermudian rival Aspen Insurance Holdings.
  • The long and politically delicate search by Lloyd’s to replace Rolf Tolle, its director of underwriting, should be completed next month as the shortlist of runners in the sprint to the winning post whittles down to a two horse race.
  • The pricing differences prevalent through 2006 continued during the important 1 January reinsurance renewals with US cat exposed property lines maintaining an upwards trajectory while other classes and territories under pricing pressure.