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  • Fitch has said that it will not use Solvency II metrics in its ratings.
  • P&C (re)insurance stocks surged last year in spite of the dismal rating environment as the tidal wave of M&A activity refused to abate
  • Dual CFO joins Doyle start-up; Talanx industrial lines rebrands; Fisher takes CII top job; Beazley partners Endava; Bushfire claims hit A$60mn; UK flood payouts to reach £1.3bn; Silver Lane targets insurance industry; CSC ahead in Xchanging race
  • Mammoth Canadian fund Ontario Teachers' Pension Plan has solicited first round bids for its ailing Lloyd's business ANV by the end of the month, The Insurance Insider can reveal.
  • China Oceanwide Holdings-backed start-up Asia Pacific Re was unable to write any business for 1 January after delays in the issuance of its licence.
  • The new cat bonds issued last year made up a slightly riskier and more diverse portfolio than in 2014, according to analysis from sister publication Trading Risk
  • Lime Street's hard-pressed reinsurers will have access to a new stream of income in 2016 as Aon Benfield prepares to go live on a new cross-class Latin American facultative facility, or "fac-cility".
  • The China Insurance Regulatory Commission (CIRC) has increased the pressure on insurers involved in August's Tianjin port explosions to settle their claims by the end of this month.
  • The marine market looks set to complete the treaty renewal for the International Group (IG) of protection and indemnity clubs with a rate reduction of less than 10 percent, The Insurance Insider revealed earlier this month.
  • Chinese carrier Taiping Re will support more than £35mn ($50mn) of Lloyd's underwriting in 2016 via a newly acquired corporate member, The Insurance Insider has learned.