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  • Third Point Re shares defied jittery US markets to enjoy a solid introduction to the New York Stock Exchange last week after the Bermudian's $276mn initial public offering (IPO) on 15 August.
  • Apollo's $1.8bn acquisition of British insurer Aviva's US operations received a double boost last week after regulators in Iowa and New York approved the deal.
  • Newly appointed Torus CEO Dermot O'Donohoe has moved quickly to address failures in the global specialty insurer's Americas business as it prepares for its sale to diversifying run-off acquirer Enstar.
  • US broker Arthur J Gallagher (AJG) has continued its acquisitive streak with a deal to buy US rival Bollinger Inc for $276.5mn in cash and shares, the firm announced on 12 August.
  • Private equity behemoth Blackstone is in advanced talks to buy the up-for-sale majority stake in Goldman Sachs' UK subsidiary Rothesay Life, valued at between £800mn-£900mn, The Insurance Insider revealed last week.
  • WR Berkley Syndicate 1967 has hired a team of three aviation underwriters from Lloyd's peer Travelers as it plans to add a new line for the 2013 account, The Insurance Insider can reveal.
  • Japanese mutual insurer Zenkyoren has returned to the cat bond market with a new $150mn earthquake offering, sister publication Trading Risk has revealed.
  • US fronting and motor programme business State National is being sold in a formal auction process run by Evercore, The Insurance Insider has learned.
  • The fast-growing Florida homeowners' insurer Federated National lowered the retention and significantly increased the limit on its 1 July reinsurance programme, as it increased its top line by 81 percent in the first half of 2013.
  • Lloyd's and international (re)insurer Amlin expects to shrug off falling catastrophe reinsurance prices this year thanks to buoyant growth from its UK arm and a rebound at its European operation, chief executive Charles Philipps told The Insurance Insider today (19 August).