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  • The cost of providing replacement vehicles to drivers could be capped in an effort to iron out distortions in the motor insurance market that cost consumers up to £200mn ($320mn) a year, the UK's competition watchdog said today (17 December).
  • Standard & Poor's has punished UK-based insurer RSA for its recent string of profit warnings with a downgrade of its credit and financial strength ratings.
  • Swiss Re CFO George Quinn is to step down in April 2014 after six years in the role to join Zurich Insurance Group.
  • The International Association of Insurance Supervisors (IAIS) has released its ambitious timetable for the development of basic capital requirements for insurers which are deemed systemically important.
  • Our group of publicly listed brokers experienced a tough week of trading last week, with most firms' share prices coming under pressure.
  • London-listed Lloyd's (re)insurers Novae and Beazley continued to power ahead of their peers last week, as their share prices rose by 2.94 percent and 2.06 percent respectively.
  • European (re)insurance stocks came under pressure last week, with share prices down for all but one company.
  • It was a generally bad week for US (re)insurance stocks last week, mirroring poor market performance as the S&P 500 declined 1.65 percent.
  • London Pension Fund Authority chairman and Tungsten Corporation CEO, Edmund Truell, has backed a new piece of technology designed to streamline compliance processes for the UK insurance market.
  • Robert "Bob" Allen has become the latest senior executive to leave the downsized US operations of Torus Insurance, The Insurance Insider can reveal.