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  • Premium volumes in the Latin American insurance market surged by 19.3 percent in 2010, demonstrating the appeal that continues to draw international (re)insurers to the region in search of growth opportunities.
  • American International Group (AIG) could pay its former subsidiary Transatlantic Holdings up to $125mn to settle a securities lending dispute
  • Up to 30 different private equity and non-trade investors have received the investor memoranda relating to the up-for-sale insurer Groupama UK, the latest edition of The Insurance Insider reveals today
  • Lloyd's sent a delegation to India last week as it renewed its efforts to gain traction in the fast growing but notoriously protectionist (re)insurance market.
  • Seventy percent of European insurers believe that the implementation of Solvency II will mean that asset allocation changes on the investment side of the balance sheet will result in greater exposure to higher return sectors.
  • Gabriel Bernardino, the chairman of the European Insurance and Occupational Pensions Authority, has reiterated calls for a clearer timetable on Solvency II
  • Darag has extended its acquisitive streak into 2012 with the purchase of Finland-based run-off insurer IngoNord Insurance Company, The Insurance Insider revealed last week.
  • It is said that one swallow does not make a summer, and it is perhaps in that vein that we should view the two quick-fire continental European legacy deals announced already this year.
  • The global financial services industry should view the 2008 financial crisis as a "dress rehearsal for the really big one", according to Chartis CEO Peter Hancock.
  • Representatives of the US plaintiff bar community have downplayed fears that the wave of US lawsuits against Chinese companies listing in the States will become the next big loss event for professional lines underwriters.