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  • Tokio Marine Kiln Group (TMK) has no current plans for underwriters to offer a choice of company market or Lloyd's capacity when it comes into existence, newly appointed group CEO Charles Franks explained last week.
  • Former Ascot underwriting director Jon Foley has returned to the market in an executive role as head of insurance at Sciemus, The Insurance Insider revealed last week.
  • Rose Wiewel is stepping down from ProSight's Lloyd's operation to take up the position of UK CEO at ANV, The Insurance Insider can reveal.
  • Loss reporting agency Perils estimated last week that Windstorm Christian, which struck the UK and Western Europe in late October, has generated an insured industry loss of EUR994mn ($1.36bn), with the majority of the losses occurring in Denmark, Germany and the Netherlands.
  • The series of tornadoes and thunderstorms that struck the US Midwest last month are likely to generate insured losses in the "hundreds of millions" of dollars, according to reinsurance broker Aon Benfield.
  • A second severe winter storm battered parts of the UK and mainland Europe late last week as winds of up to 140mph caused significant disruption and some property damage.
  • Randall & Quilter (R&Q) plans to double the underwriting capacity of Syndicate 1991 to £150mn ($240mn) next year after receiving approval for the expansion from Lloyd's and gaining financial support from investors including new partner Q-Re.
  • QBE will lift the attachment point of its global catastrophe reinsurance programme by $100mn in 2014, it disclosed in a call with analysts today (9 December).
  • Major airlines have started to consider taking out multi-year insurance cover rather than the standard 12-month policy roll-over, in a sign that they feel aviation insurance prices may be approaching a trough after years of decline.
  • ANV's newly closed deal with Jubilee will increase the carrier's Lloyd's stamp capacity to £325mn, taking it beyond the £300mn typically cited as the necessary minimum scale for a standalone Lime Street business.