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  • If Endurance's bid to acquire Aspen fails, the Bermudian specialty insurer will not go after another transformational deal in the short term, The Insurance Insider understands.
  • If Endurance's bid to acquire Aspen fails, the Bermudian specialty insurer will not go after another transformational deal in the short term, The Insurance Insider understands.
  • Industry veteran Tony Matta today (15 July) announced the launch of Crandon Re, an independent multi-line reinsurance facilities broker and manager for Latin America and the Caribbean.
  • Hamilton Re has signed up to provide capacity to Iron-Starr Excess Agency, the joint venture between Ironshore and CV Starr.
  • XL has hired Dave Schmitz from Zurich Insurance to lead its global property risk engineering team, replacing Tim Heinze, who moved into another position earlier this year.
  • Insurance-linked securities (ILS) manager Credit Suisse Asset Management has estimated that Typhoon Neoguri could cause insured losses of up to $1bn, according to an update released by listed ILS fund DCG Iris.
  • Overcapacity, benign losses and cheaper reinsurance are fuelling rate reductions of up to 30 percent for large corporate international insurance accounts, especially in the construction and mining sectors, according to a new report from Willis
  • Everest Re has named former Argo chief underwriting officer (CUO) Andrew Carrier as general manager of its European operations.
  • Endurance has dropped a hint that it will withdraw its offer if it does not secure the necessary support for two of the hostile mechanisms it is employing in its efforts to acquire Aspen.
  • Weekly share price data on The Insurance Insider's universe of P&C (re)insurers