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  • XL Capital has confirmed the hire of American International Group (AIG) executive Kelly Lyles, as first revealed by The Insurance Insider last week.
  • Swiss Re is working with Barclays Capital to sell the remainder of its US closed life business, The Insurance Insider has learned.
  • JLT Towers Re, the world's fourth-biggest reinsurance broker, is aiming to rebrand itself by the time of the Monte Carlo Rendez-Vous, eliminating the Towers name, The Insurance Insider has learned.
  • Ryan Specialty Group (RSG) has launched a new healthcare and life science underwriting facility that it says is the largest single coverholder arrangement for the business at Lloyd's.
  • Tokio Millennium Re (TMR) is holding talks with alternative capital providers in a bid to secure capacity commitments that would allow it to significantly increase its line size on select reinsurance placements, The Insurance Insider can reveal.
  • The niche aviation war market looks certain to fall to a loss in 2014 after four planes were damaged in this month's attack on Jinnah International Airport in Karachi, causing an estimated loss of $15mn-$20mn, The Insurance Insider understands.
  • Aon president Steve McGill and Jane Barker, the chairman of rival broker Marsh's UK arm, have been awarded one of the UK's top civilian honours.
  • Global insurer QBE has postponed the sale of its US mid-market business amid muted interest, The Insurance Insider can reveal.
  • Actuaries and in-house legal teams have become a "hindrance rather than a help", according to Nick Gooding of consultancy NPGC.
  • Conflicts between brokers and underwriters are one of the main roadblocks to innovation in the London market, speakers at the Verisk Executive Summit and Risk Symposium claimed today (16 June).