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  • Randall & Quilter (R&Q) has completed the acquisition of RAB Insurance Limited, its third purchase of an end-of-life captive insurer in 2012 so far
  • Cat modelling firm RMS has released an update to its Japanese quake model incorporating data from the 2011 Tohoku earthquake and tsunami.
  • The stock market debut of German insurance group Talanx has continued positively, with the firm's shares climbing 0.2 percent on the Frankfurt Stock Exchange.
  • Gibraltar-domiciled credit insurer Hill Insurance has been placed into provisional liquidation by the Supreme Court of Gibraltar at its directors' behest, amid accusations that the company has been the victim of a "fraud"
  • Operating margins at independent London market broker Price Forbes ticked down from 9.4 percent to 8.4 percent in the 12 months to 31 December 2011 as investment in staff and the competitive trading conditions took their toll.
  • US specialty insurer HCC has announced that its president Christopher Williams will take the reins from current CEO John Molbeck on 19 December at the firm's final board meeting of 2012.
  • Travelers is suing XL and former Travelers executives Richard DeSimone and Richard Salway for allegedly raiding its entire luxury yacht insurance business, including staff, trade secrets and confidential information
  • Hiscox is making a "significant" investment in Third Point Re's first managed cat fund and will also cede catastrophe reinsurance exposure to the new entity.
  • Only 28 UK law firms have applied to enter the Assigned Risk Pool (ARP) after failing to find professional indemnity insurance, according to the Solicitors Regulation Authority (SRA)
  • In a move that had been widely expected, the US Financial Stability Oversight Council (FSOC) has notified American International Group (AIG) that it is under consideration to be designated as a systemically important financial institution (SIFI).