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  • AIG's prolonged efforts to sell its ILFC aircraft leasing business to a consortium of Chinese investors are continuing despite setbacks that have stalled the deal on the runway, the Wall Street Journal (WSJ) reported yesterday (10 October)
  • UK insurance and travel specialist Saga is planning a stock market flotation in the first quarter of 2014, the Financial Times reports today (10 October)
  • Private equity firms JC Flowers and Apollo are planning to bid for US insurer Hartford Financial Services' up-for-sale Japanese annuity business, Reuters reported late on Wednesday (9 October)
  • Shares of crisis-hit (re)insurer Tower Group continued their downward spiral on Wednesday (9 October) as investors continued to flee the stock after its devastating $365mn reserve charge and AM Best downgrade.
  • Nephila co-founder Frank Majors told a Lloyd's audience today (9 October) that alternative capital providers have a sustainable cost advantage over rated carriers in providing cat cover, as he critiqued the mentality among reinsurers of keeping "capital as hostage"
  • The International Association of Insurance Supervisors (IAIS) has announced plans to develop and implement new capital rules for the global insurance industry, which it hopes will be ready for testing by 2017
  • The old stock market saying that bull markets climb a wall of worry can equally be applied to hard insurance markets
  • Monte Carlo swung round once again and, if anything, it seemed to be busier than ever this year, with standing room only in the Cafe de Paris and the surrounding hotel lobbies for most of the time
  • US insurer Assurant has agreed to trim its lender-placed home insurance rates in Florida by 10 percent after talks with the state insurance regulator, it said yesterday (8 October)
  • Being one of the outward-facing members of The Insurance Insider's teams opens doors and gives industry access that many others can only dream of