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  • The industry Thai flood loss estimate was poised to edge past $8bn after Lloyd's (re)insurers Amlin and Beazley unveiled figures on 7 February that suggested Lime Street cat writers could face a proportionately higher exposure to the loss than their Bermudian counterparties
  • The future direction of the US nuclear industry's mutual insurer, Nuclear Electric Insurance Limited (Neil), is unclear at the start of 2012 as the organisation faces possibly the largest claim in its 38-year history, sister title Inside FAC has reported
  • Like December 2011, January was a strong month for global (re)insurance stocks. Does it imply investors foresee a "market turn"?
  • The $1.75bn insolvency and default of European oil refiner Petroplus Holdings in January is set to be a significant event for the trade credit market, The Insurance Insider has revealed
  • The Costa Concordia shipwreck is set to cost the industry $750mn-$1bn, with losses widely spread around the market, according to the full details of the $500mn hull insurance placement obtained by The Insurance Insider
  • With the reporting season in full swing, one of the defining features so far has been the substantial uplift in loss estimates for 2011 cat events - which are estimated to have cost the industry more than $100bn in total
  • BB&T Insurance Services will become the largest US wholesaler and will surpass UK-listed JLT as the industry's sixth largest broking group following its acquisition of JC Flowers-owned Crump Group at the beginning of the month.
  • A quartet of January cat bonds raise $643mn while a restructured Zenkyoren bond sees a price rise
  • Founding Colemont Global CEO Surinder Beerh has won the case for wrongful dismissal that he brought against AmWINS on the grounds that the latter was guilty of a "wholesale failure to carry out any fair procedure"
  • San Francisco-based private equity house Parthenon has appointed Goldman Sachs to sell its 43 percent stake in AmWINS, The Insurance Insider can reveal