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  • UK motor's running; Java ash cloud; Bermingham joins Advent; UK stress test; Ergo's Greek odyssey; Dual enters agri market; Berkshire's med-mal push; Willis Re SA CEO resigns; July rate declines; Ace's terrorism play; Purchasing power; June's $500mn bill; Aspen launches Chicago branch;  P&C stocks buoyed; Elon-Felix estimate cut; Integro lands Lemme; MMA enters Canadian market; Pool Re appoints; Panda Re completes; Kerr joins Benfield; Complaints system launched.
  • Dougal Kerr, head of casualty facultative at Aon Benfield, is set to become the latest senior management figure to leave the division this summer with a move to rival broker RK Harrison, Inside FAC can reveal.
  • US-based property facultative underwriting agency DirectFac has moved fast to recruit a new team following the resignations of the majority of its underwriting staff earlier this month, sister publication Inside FAC revealed today (13 July).
  • Two earthquake cat bonds are set to be renewed this week, with the Turkish Catastrophe Insurance Pool (TCIP) and the California Earthquake Authority (CEA) the likely sponsors, sister title Trading Risk understands.
  • US specialty insurance group HCC Insurance Holdings put itself up for sale ahead of Tokio Marine's successful $7.5bn all-cash deal, according to the full proxy released earlier today (13 July)
  • Bondholders are monitoring the Akibare II and Aozora transactions following predictions that Category 4 Typhoon Nangka could make landfall in southern Japan later this week, Trading Risk understands.
  • Lane Financial's insurance-linked securities (ILS) rate-on-line index has continued its upward trend in 2015, climbing 8.5 percent in the first half of the year.
  • Willis GB CEO Nicolas Aubert has been appointed to the executive committee and board of the London & International Insurance Brokers' Association (Liiba).
  • The current buyers' market for hull aviation war insurance means rates are continuing to fall despite losses amounting to around 10 times premium income, according to veteran aviation war leader Bruce Carman.
  • The combined rates for airline hull and liability aviation insurance fell by around 11 percent in Q2, according to JLT's latest Plane Talking report.