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  • A magnitude 6.9 earthquake that struck a remote region in China on 14 April has now killed almost 2,000 people and left tens of thousands homeless, according to latest reports.
  • US P&C insurer Alleghany will assume the management of Transatlantic Re's $13.7bn investment float and determine the allocation of capital between subsidiaries, but the reinsurer will otherwise retain the right to chart its own path.
  • Reinsurers weigh up UK motor quota share; QBE reinsurance rejig; Pensions shadow Miller; Lancashire picks Whelan; Russia with Lloyd's
  • Maurice "Hank" Greenberg - former CEO of American International Group (AIG) - has sold the majority of his remaining shares in the insurance group to UBS.
  • A US subsidiary of Prudential Financial has closed a $2bn letter of credit deal with a number of banks in the largest life securitisation since the 2008 financial crisis.
  • French giant AXA had its Fitch financial strength rating affirmed at AA today (17 January), and its Long-term and Short-term ratings at A+ and F1 respectively, all with a stable outlook.
  • What are the chances of the all-paper $3.16bn Max Capital Harbor-Point marriage to form Alterra Capital sounding the starting pistol for a merger and acquisition (M&A) frenzy?
  • The investment return slump in the last five years has shifted the onus onto underwriters to generate (re)insurance profits, according to the Property Casualty Insurers Association of America (PCI).
  • Lloyd's takeover target Omega has informed investors that its likely losses from first-quarter catastrophes stand at $45.7mn
  • AIG's $725mn Ohio pension funds settlement appeared to bring long-running securities litigation to a close. But closer scrutiny has raised doubts over its ability to fund its obligations.