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  • Having disputes heard away from court could have a detrimental effect on the insurance industry, arbitrator and former Lord Justice of Appeal Sir Bernard Rix told members of the London Market Claims Council
  • Former Ariel co-CEO Tom Milligan will join Names-backed Lloyd's carrier Managing Agency Partners (MAP) as a non-executive director, The Insurance Insider can reveal.
  • The consideration that Calera Capital paid for RFIB was cut from the level initially agreed after the independent broker missed its projected numbers, The Insurance Insider has learned.
  • If "death and taxes" are the only certainties in life for us all, then surely for today's fixed income investors next on the list must be the risk of an imminent increase in rates and the impact of this
  • Eight Lloyd's syndicates including leading insurance-linked securities manager Nephila have pledged $400mn of reinsurance capacity to provide catastrophe solutions for under-insured developing economies.
  • TransRe will pay American International Group (AIG) and Berkshire Hathaway's National Indemnity Company $400mn to wipe out 90 percent of asbestos-related and environmental liabilities.
  • Loss reporting agency Perils has extended its coverage database to include Turkey, a move that it hopes will benefit the trading and transferral of catastrophe risk in the country.
  • Zenkyoren is seeking to top up its cat bond cover for Japanese earthquake perils with a new $200mn Nakama Re transaction, sister publication Trading Risk reported last week.
  • Premium income growth generated by emerging market economies slowed to 5.6 percent this year on a projected basis, down from 6.3 percent in 2014, according to a study by Swiss Re
  • The Willis-Towers Watson deal is under threat ahead of the crucial 11 December shareholder vote amid a growing consensus that the restructured merger of equals between the global broker and the consultancy firm will not go through.