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  • Bermudian headquartered Flagstone Reinsurance Holdings Ltd is to centralise its operating platform in Switzerland in a bid to maximise capital efficiency and take advantage of forthcoming passport rights.
  • A bitter dispute involving two run-off giants culminated in a victory last week for Randall & Quilter (R&Q) affiliate Cavell USA and R&Q founder Ken Randall against two insurance companies connected to Bermuda-headquartered Enstar Group
  • Novae Group chief executive Matthew Fosh has counseled patience amidst the blanket of optimism that has enveloped the London market in recent months.
  • Willis Group is likely to face significant regulatory hurdles if it is to be successful in concluding a possible takeover of its larger rival Marsh & McLennan (MMC).
  • The ramifications of Illinois regulators' decision to allow AJ Gallagher (AJG) to again negotiate contingent commissions have reignited the debate over the future of broker remuneration.
  • Rapprochement for AIG and Greenberg; Sullivan nets $47mn pay-off; Marsh receives Qatari licence; Enstar shares fall; Paris Re RISC ratings affirmed; AWAC deal could net Darwin chief $9mn; Ariel Re appoints new chairman
  • South African broker Alexander Forbes saws its shares plummet by as much as 11 percent last week as it warned its year-end results would be lower than expected because of reduced earnings in its UK operations.
  • Last minute negotiating between Benfield chief executive Grahame Chilton and broking giant MMC saw the reinsurance specialist reject an increased 360p a share offer from the New York headquartered firm in favour of Aon's all cash offer.
  • Lloyd's insurer Atrium announced the launch of a Financial Services Authority-regulated company to underwrite space risks on 16 January.
  • Despite reinsurers generally agreeing that rates in the softest reinsurance lines such as aviation and US casualty will fall by around 10 percent next year, a leading figure in the sector has warned that this figure be significantly higher at renewal.