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  • Prudential Regulation Authority (PRA) CEO Andrew Bailey has said insurers in the UK require more time to comply fully with the new Solvency II capital rules, as the January 2016 deadline approaches.
  • Private equity house Calera Capital is on the brink of signing its deal to take a majority stake in independent broking house RFIB, The Insurance Insider can reveal.
  • Canadian flood model; AIG widens K&R; Sea change; Steve Ball dies; Leadenhall Ball coming up; NZ quakes cost; ANV appoints; US tax change; Solvency II warning; Marsh specie head; Aegis hires Rouse; Baldwin named economic secretary; Howden raids JLT; Maison gets green light; European storms hit Generali; Nassau Re raises $750mn; JLT Re promotes Flandro; Integro acquires; Admiral CEO exit; Fitch's ratings guide
  • The recent wave of M&A in the sector will create winner and losers as companies consolidate to gain scale, while the fallout will create opportunities for those who stay out of the fray, according to TigerRisk president Tony Ursano.
  • In an M&A environment where cash is increasingly seen as king, there is still space for mergers of equals (MOEs) and strategic transactions, according to Willis Capital Markets & Advisory co-CEO Rafal Walkiewicz.
  • Aon Benfield has taken the Tokio Millennium Re property retrocession account from Guy Carpenter, The Insurance Insider can reveal.
  • Last week we held our sixth annual Insider event in New York in the prestigious surroundings of the New York Athletic Club.
  • Best-in-class Bermudian insurer Arch has made a number of friendly approaches to acquire rival Axis Capital in recent years, The Insurance Insider can reveal.
  • Aon Benfield's Impact Forecasting has today (18 May) launched a probabilistic flood model for Canada
  • Former AJ Gallagher (AJG) international CEO David Ross has claimed he warned management to expect senior members of his team to leave after they suffered "personal attacks and bullying behaviour" from the Gallagher US team.