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  • Operating margins for the (re)insurance divisions of the big three brokers came under pressure during the third quarter, as challenging market conditions placed a burden on top line growth.
  • Ryan Specialty Group's (RSG) wholesale arm R-T Specialty has bought excess and surplus lines broker Tennessee Underwriters, Inc (TUI) for undisclosed terms.
  • UK brokers Hyperion and RK Harrison (RKH) are in advanced merger talks that will see the creation of a "super-independent" placing an estimated $6bn of gross written premium and employing almost 3,000 staff, The Insurance Insider can reveal
  • Colm Kelly, the former CUO of Zurich-based legacy insurer Infrassure, is looking to create an energy MGA, The Insurance Insider can reveal
  • Fosun-backed carrier Peak Re is exploring options to expand its business beyond its Asian heartland, including a Zurich-based platform, The Insurance Insider can reveal
  • PwC insurance partners Bryan Joseph and James McPherson will join their former colleague Quentin Moore in launching a new advisory firm that will capitalise on the growing interest of long-term capital market investors in insurance risk
  • The European Union's Insurance Block Exemption Regulation (IBER) plays a crucial role in fostering competition in the insurance market and should be renewed, industry lobby group Insurance Europe said today (4 November).
  • Aon Benfield has started to rebuild its Greek platform with the acquisition of Safe Brokers, more than two years after a number of senior staff defected to Guy Carpenter.
  • London-listed broker JLT's shares slipped by as much as 6 percent today following the release of its interim management statement despite its suggestion that it traded in line with expectations in the third quarter.
  • Run-off acquirer Catalina Holdings has signed a definitive share purchase agreement to buy PX Re from Tawa Associates Ltd