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  • StarStone, the Enstar non-life specialty insurance arm previously branded as Torus, has hired most of ProSight's New York-based marine team, The Insurance Insider can reveal.
  • The Florida market is set to become the next area of the P&C sector to attract intense M&A activity as the owners of several of the state's homeowners' insurers seek liquidity through a sale or IPO, The Insurance Insider can reveal.
  • Zurich today (9 November) announced it is to cut 440 jobs from its UK general insurance business, as it aims to reduce costs by at least £40mn ($60.1mn) over the next two years.
  • Towers Watson and Willis have issued strong statements reiterating what they see as the value of their proposed merger after two major proxy firms urged Towers Watson shareholders to reject the deal.
  • International specialist (re)insurer Hiscox revealed strong growth in gross written premiums (GWP) in its third quarter interim management statement, driven by top-line expansion in the group's US and London market divisions
  • Warren Buffett's Berkshire Hathaway saw underwriting profits in its (re)insurance operations fall to $414mn in the third quarter from $629mn for the same period last year.
  • Neila Buurman director of international casualty, Middle East & Canada, at QBE Insurance Europe, has handed in her notice at the company, The Insurance Insider can reveal
  • Lloyd's broker RFIB today (6 November) announced that executive chairman Dennis Mahoney will step into the role of CEO following regulatory approval.
  • Institutional Shareholder Services (ISS) and Glass Lewis have called for Towers Watson shareholders to vote against the proposed takeover deal between the firm and Willis
  • The London Market Group (LMG) has launched a market consultation on the six priority initiatives under the target operating model (Tom), the group announced this morning (6 November)