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  • The cat bond market will look to build on one of its pillars of competitiveness - multi-year reinsurance solutions - by offering increasingly long-dated risk, according to Aon Securities CEO Paul Schultz.
  • Insurance-linked securities (ILS) fund manager Credit Suisse will launch one of the largest Lloyd's start-ups in January with the £90mn Arcus Syndicate 1856, after receiving final approval from the Lloyd's Franchise Board.
  • The Lloyd's-dominated group of London market carriers wrote slightly less business in the third quarter than in the corresponding period last year, analysis from The Insurance Insider shows.
  • Universal Insurance Holdings has fought back strongly against claims made in a short seller presentation that caused its share price to plummet last week.
  • The uptake of environmental impairment liability insurance across the European Union rose by 13.6 percent per annum between 2006 and 2014, according to Marsh.
  • Barry Jones, chief claims advocate for Marsh, has left to set up his own consultancy, The Insurance Insider understands.
  • Talanx receives internal model approval; AGCS hires aviation expert; Arcus gets green light; Towergate makes £18.7mn loss; Ace details leadership teams; Pool Re retention increased; Willis-Towers Watson vote delayed to December; Steadfast adds Insight; CNA names Robusto as incoming CEO; SCR audit update; Marine division launch; R&Q acquires FNF Title; RenRe syndicate shake-up; Markel Co-CEOs unveiled; Hanway succeeds Lang at MMC; Vibe hires trio; Atkin becomes Talbot chairman; RiiG hires C
  • Around 240 guests from the (re)insurance industry are expected to gather at Sandown Racecourse on 4 December in an effort to raise thousands of pounds for charity.
  • American International Group (AIG) CEO Peter Hancock struck a conciliatory tone as he met with a group of major investors for informal talks last week.
  • Activist investor Carl Icahn has upped the stakes in his fight with American International Group (AIG) after announcing that he will take his proposal to break up the company directly to its investor base.