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  • Despite all the scare talk and column inches the ILS market is not yet truly mainstream, according to Validus Re CEO Ed Noonan
  • The president of Sicily, Rosario Crocetta, has cancelled the region's medical malpractice insurance deal with the insurer
  • Lloyd's has created a new system in consultation with the Financial Conduct Authority (FCA) to help beef up its own oversight of UK coverholders writing on Lloyd's paper, which will go to the Council for approval in early February.
  • Tightened controls the result of heightened vigilance in binder market, The Insurance Insider can reveal.
  • Q-Re expands; The Hartford beats; PartnerRe prospers; MMA acquires; Brown & Brown miss; Endurance hires; NKSJ name change; Christian loss; Claims performance; Validus appoints; BHSI buys; Universal expansion; Citizens positive; Hiscox cashback; QBE appoints; Hardy defections; Weston co-founder dies; R&Q hires; Hunt steps back
  • Lloyd's has finally launched its long-awaited initiative aimed at speeding up average claims settlement times by channelling small, uncontentious claims through a single, fast-track processing system.
  • Relationship with reinsurers far healthier and more profitable for both parties since the insurer centralised its reinsurance buying as a central function eight years ago...
  • Reinsurance market bifurcation is probably nothing to worry about...
  • The promise of an incremental rise in Florida demand that could generate more than $400mn of new reinsurance premium at the 1 June renewal will do little to stop tumbling property cat rates.
  • The Q4 reporting season has so far been dominated by close scrutiny of pricing commentary and news of large-scale capital management actions amid growing signs that the US commercial insurance upswing may soon tip over the edge.