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  • The Insurance Insider's third Honours event saw 800 leading industry executives packed into the spectacular riverside setting of London's Old Billingsgate Market at a splendid gala evening compered by UK comedian Rory Bremner
  • Generali has revealed that independent board member Paolo Scaroni has resigned, following potential conflicts of interest arising from another recent appointment
  • AmTrust has reduced Names' underwriting interest in the Doré syndicate to less than 2 percent after acquiring an additional £15.1mn of capacity in the first auction
  • The UK's state-backed flood reinsurer Flood Re is due to publish which firm has won the mandate to be its managing agent by the end of October, according to UK trade body the Association of British Insurers (ABI)
  • Validus has closed its acquisition of US specialty carrier Western World for $690mn cash, securing a platform for growth in the world's largest insurance market.
  • Industry veteran Clem Booth is to step down from the Allianz board and retire from the firm on 1 January 2015, the global insurer has announced
  • Pricing fell significantly in the first auction of 2015 capacity on Names-backed syndicates at Lloyd's from levels a year earlier
  • Global insurer Allianz has said its CEO Michael Diekmann will step down next year when he turns 60, contradicting reports in the German press that he would stay on beyond the normal retirement age.
  • Retained executive search firm Caldwell Partners has acquired Hawksmoor Search, an insurance-focused search firm, the company announced yesterday (1 October).
  • Standard & Poor's (S&P) has announced that its ratings of global insurer Allianz were unaffected by the departure of chief investment officer (CIO) Bill Gross from its asset manager Pimco.