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  • Canopius has said it is likely to continue to make acquisitions after its own $1bn+ sale to big three Japanese insurer Sompo.
  • More London market brokers could face fines for failing to maintain adequate anti-bribery safeguards following the £1.8mn ($2.9mn) penalty slapped on Jardine Lloyd Thompson (JLT) last week, lawyers have warned.
  • Former Torus healthcare chief Robert "Bob" Allen looks set for a swift return to the market at the helm of a new managing general agency (MGA), The Insurance Insider can reveal.
  • Aon Benfield is billing its initiative to broaden terms on 1 January placements as a proactive measure for reinsurers to secure signings in an increasingly commoditised property cat market, The Insurance Insider understands.
  • Questions around the future of Nasdaq-listed insurer Tower Group have again come to the fore after a fresh reserving hit that could be as high as $105mn carried its total reserve strengthening between 2011 and 2013 to more than $550mn.
  • The reinsurance market is becoming increasingly bifurcated, with a group of preferred carriers in pole position for signings at 1 January and a second tier scrapping over what's left, according to JMP Securities analyst Matt Carletti.
  • Californian programme manager Align General has formed a new entity, Catalytic Holdings, LLC and acquired earthquake insurance specialist Western Re in a deal that will merge the property cat businesses of the two US Lloyd's coverholders, The Insurance Insider can reveal.
  • Mark Byrne's Haverford vehicle has stepped in to fill a £10mn gap in Funds at Lloyd's for Sportscover Syndicate 3334 for the 2014 year, The Insurance Insider understands.
  • US property cat specialist ICAT has secured capacity from Berkshire Hathaway Specialty Insurance (BHSI) that will sit alongside its Lloyd's Syndicate 4242, The Insurance Insider can reveal.
  • As RSA braces itself for the findings of PwC's investigation into its Irish operations early in the New Year, the prospect of an approach to buy the ailing UK-headquartered insurer outright appears to be rapidly diminishing.