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  • Floridian insurer Universal Property & Casualty cut spending on its core catastrophe reinsurance programme by 20 percent for 2014-2015 after it shrank a quota share arrangement, the company announced.
  • Aspen's share price has weakened after details of Endurance's second bid for the Bermudian carrier were made public yesterday (2 June), implying greater market scepticism about the prospects of the proposed deal.
  • Lloyd's has appointed Tashi Lassalle as head of communications and marketing in a move aimed at enhancing the Corporation's presence in emerging markets.
  • UK risk management trade body Airmic today (3 June) launched a database of regulatory requirements designed to help risk managers ensure their insurance programmes comply with global rules.
  • Property cat reinsurance rates in the Sunshine State fell sharply at the 1 June renewal, with broader coverage as competition intensified. IQ investigates
  • The (re)insurance industry braces for more acquisition battles as excess capital weighs upon RoEs
  • Hedge fund-backed reinsurers are increasing in popularity once more, as the pioneers continue to make good on the hybrid model
  • People don't like change, and some dislike it more than others. Traditionalists will always be with us.
  • Hurricanes with feminine names cause significantly more deaths than those with masculine names because people erroneously assume they will be less severe, according to academics at the University of Illinois
  • BP Marsh, the insurance-focused venture capital firm, today (3 June) reported a 14 percent increase in the value of its investment portfolio during the year to 31 January, and said it was eyeing a range of new investments amid a rebound in market confidence