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  • Amlin's reinsurance division boosted its top line by 13 percent year-on-year during the first half, surpassing £1bn of gross written premium (GWP) as it wrote more business for Leadenhall Capital Partners.
  • IAG has drawn down A$70mn ($51mn) from its aggregate reinsurance cover, as its natural peril claims for the 2015 financial year surpassed A$1bn.
  • Crawford & Company's Jeffrey Bowman is to step down after nearly eight years as president and CEO of the company, it was announced today (24 August).
  • Berkshire Hathaway shares retain material upside, despite "short-term weakness" after disappointing second quarter earnings, according to Nomura analyst Cliff Gallant.
  • UK ratings affirmed; Gard adds CUOs; TMK expands; Helios forecasts improve; P&C shares fall; Trade credit demand surges; Chinese insurers under review; Danny weakens; Lloyd's drone warning; Willis Australia acquires CKA; Lockton's organic growth surges; Advent Insurance expands; Willis appoints construction head; AIG sells out of AerCap; Pacific Life Re gets go-ahead; Hallmark launches property unit; Everest adds casualty leaders; QBE's agg cover; Towergate boosts London market
  • Australian insurer IAG has exceeded its NZ$4bn ($2.7bn) reinsurance limit for the devastating earthquake that struck New Zealand in February 2011, and has warned that further deterioration could occur.
  • Cerberus Capital Management and MassMutual Capital Partners have appointed Sandler O'Neill as they again look to exit their stake in beleaguered life reinsurer Scottish Re, The Insurance Insider can reveal.
  • Reinsurers that have historically implemented more prudent reserving strategies will have a long-term competitive advantage over those that have been more aggressive in releasing reserves, Standard & Poor's (S&P) has warned.
  • Amlin's renewed focus on "client intimacy" has removed any incentive to partner up with other (re)insurers, according to CEO Charles Philipps.
  • Stock analysts have published a mixed bag of views on Amlin's interim results, despite the bottom-line figures arriving in line with expectations.