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  • Malaysian carrier Labuan Re is the latest Asian reinsurer to enter the Lloyd's market after it secured approval to become one of two capacity providers on Barbican's new special purpose syndicate (SPS), The Insurance Insider can reveal.
  • The heavy snowstorms that hit Japan last month have pushed this year's global cat loss tally past the $1bn mark, according to Impact Forecasting, Aon Benfield's risk modelling arm.
  • US P&C powerhouse Chubb increased the size of its East Lane Re VI cat bond by 20 percent to $270mn after pricing on the deal closed at the bottom of revised guidance ranges, according to sources.
  • The loss of Malaysia Airlines flight MH370 will do little or nothing to halt the rapid softening of the aviation market, according to sources.
  • The underlying problem of aggregation is "the elephant in the room" for cyber insurance, according to CFC Underwriting director Graeme Newman.
  • Aon Benfield appoints; AIG launch; Quindell boost; Zurich pay; Ascot ahead; JLT breather; Xchanging launch; Axis bonds; Marketform move; Howden builds; Xaver costs; P&I upgrade
  • There is growing speculation that Aviva plc, the UK's biggest risk carrier by premium volume, will become the next British insurer to receive a large regulatory fine following revelations of trading breaches at the company's Aviva Investors fund management division.
  • This week's comment comes not from The Insurance Insider's editorial offices in either London or New York but from the altogether warmer Doha, home of the Multaqa Qatar insurance conference.
  • Mark Byrne's proposed deal to acquire struggling Lloyd's managing agency Sportscover looks increasingly unlikely to go ahead after talks all but broke down, The Insurance Insider understands.
  • Towers Watson's commercial lines insurance pricing survey (CLIPS) has provided the latest evidence of slowing momentum in the US on rates with increases in the aggregate of 5 percent on renewals during Q4 2013.