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  • The adoption of predictive analytics and new technology to re-engineer and modernise business practices could create a new breed of agile carriers, according to panellists at RMS' annual Exceedance conference.
  • 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.
  • Exin Group is set to meet top Bank of Greece (BoG) executives early next week to discuss its attempted acquisition of Ethniki insurance, according to a report by Greek trade publication Insuranceworld.gr.
  • Exin Group faces a EUR5mn ($6.1mn) penalty if it withdraws from the purchase of a majority stake in Ethniki, according to a Greek press report.
  • Peak Re affirmed; Talanx in Chile acquisition; Xchanging completes; Ace acquires; Aegis stops writing; Farmers Mutual buys; Capita wins Flood Re tender; Skuld endures claims; PPL verdict in New Year; HIIG promotes Way; Progressive is ‘defensive'; Latin American D&F; JLT places lagoon cover; PL renewal rights; RLI adds Scanlan; Catlin induction; Extreme mortality cover; GCube deal 
  • Shares in embattled UK general insurer RSA rose by over 4 percent today (8 January), taking its gains since the start of the week to nearly 10 percent, after the company said it was confident accounting irregularities at its Irish unit were not replicated elsewhere.
  • Legacy market executives and practitioners are less optimistic about the number of transactions that will take place in continental Europe than they were just over a year ago, according to a survey by PwC.
  • Professionals operating in the run-off acquisition market are less optimistic that Continental Europe will be the promised land of future growth than they were a year ago, according to a new survey by PwC.
  • Insurers in Europe will be subject to extra value-added sales tax charges that could cost hundreds of millions of pounds, following a ruling from the European Court of Justice (ECJ) yesterday (17 September)
  • Excessive regulation is currently the biggest risk faced by insurers worldwide, according to a survey published today (10 July).