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  • The key European parliament committee responsible for proposing changes to the Omnibus II draft legislation has delayed a vote on the text until 21 March.
  • Stricter regulatory rules under Solvency II could cause a limited outflow of captive entities from the EU, according to ratings agency Fitch.
  • Cat bond brokers are expecting 2012 sales to reach at least $5bn as interest in buying alternative reinsurance solutions grows amid a hardening property catastrophe market.
  • A handful of new cat funds made their mark on the 1 January renewal season, deploying significant capacity into the collateralised reinsurance and retro, industry loss warranty (ILW) and cat bond markets.
  • Although many (re)insurers' pre-results headlines revolved around Thai exposures and loss creep from earlier 2011 catastrophes, investors are likely to focus more on commentary in earnings releases and calls on the market's rates prospects.
  • With underwriting performance for the fourth quarter divided depending on exposure to Thailand and loss creep from other international catastrophes, there is also likely to be a mixed picture emerging on investment performance.
  • As US giants Travelers and Chubb get the Q4 earnings season underway this week, results across the (re)insurance sector are expected to diverge between those with Thai exposures and international loss creep and the domestically focused players that enjoyed a relatively benign quarter for weather events.
  • Expansive broking and underwriting group Hyperion has unveiled an impressive set of results as it prepares the ground for a future public offering, potentially in 2013.
  • Aon group CEO Greg Case will lead the Chicago-based company's migration of its global headquarters to London with a relocation package of more than $500,000 per year.
  • Thailand is looking to establish a 50bn baht ($1.62bn) catastrophe fund that could seek to buy a giant reinsurance programme up to a limit of 500bn baht ($16.2bn) from international carriers.