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  • RSA hires Egan; Dual hires Watson; Colombian growth; Flood Re kicks off retro tender; Taxing growth; NZ's EQC rethink; Oklahoma frack fight; Libertad Peru; Moody's reviews CGSC; Unshockable M&A; BP Marsh picks Plum investment; Colosso exits Howden
  • London-listed insurer Lancashire and Munich Re's Lloyd's platform Watkins are among the carriers most reliant on the distressed energy market for premium income, analysis from The Insurance Insider shows.
  • Major UK personal lines insurer Direct Line secured a risk-adjusted rate reduction of around 10 percent as the speed of softening in the UK market decelerated significantly, The Insurance Insider understands.
  • Validus CEO Ed Noonan has excoriated the PartnerRe board for the way that it has conducted itself through its agreed sale to Axis and the subsequent struggle with hostile acquirer Exor.
  • Most downstream insurers have entered the second half of the year with around 75 percent of the year's expected business placed but income levels off-target, according to JLT Specialty.
  • The rapid downward pricing trajectory seen in the upstream energy market in recent quarters has started to show signs of subsiding, according to the latest energy report from JLT Specialty.
  • New York-listed insurer Navigators has continued its push for international expansion by hiring the political violence and terrorism team of Munich Re's Lloyd's arm Watkins, The Insurance Insider can reveal.
  • Bermudian insurer Axis has decided to restructure its professional lines reinsurance protection to create a major new global quota share, The Insurance Insider can reveal.
  • Although broker mid-year renewal reports provided further evidence of a "soft market slowdown" in peak zone cat business, the broader reinsurance picture remained one of intense competition.
  • One of our biggest gripes in the insurance sector is that it is very hard to differentiate our offering in the marketplace. We moan that we are all tarred with the same (almost universally negative) brush.