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  • The latest stock exchange announcement from UK-listed Thompson Heath & Bond (THB) shows the broker is firmly on track to complete its £32mn sale to US wholesaler AmWins in January
  • Swiss Re has become the first global reinsurer to outline its estimated exposures to the Thailand floods by announcing that it expects a $600mn bill
  • Broker and underwriter MarketScout's market barometer for US P&C pricing finally made it into positive territory in November with composite rates up 1 percent on average compared to the prior-year period.
  • The ghost of former New York attorney general (NYAG) Eliot Spitzer is again haunting the court rooms of the US with another former Marsh executive accusing his former employer of hanging him out to dry as part of the infamous $850mn bid-rigging and contingent commissions settlement.
  • The US P&C sector was hit by catastrophe losses that more than doubled to $38.6bn for the first nine months of 2011, compared to the prior-year period.
  • Specialty insurer Torus has acquired the renewal rights for CV Starr Syndicate 1919's continental European business from 1 January 2012, the firm announced today (5 December)
  • Another above-average storm season brought $5bn of insured losses to the US this year, risk modeller RMS said on the official close of the hurricane season on 30 November.
  • Omega has said there is no reason why the original tender deal it concluded with Mark Byrne should not go ahead, as it seeks to maintain the moral high ground in the very public dispute between the two parties
  • Willis Group president Grahame Millwater has added his candidature to the increasingly competitive Lloyd's 2012 Council elections, which take place next month
  • Stephen May, the former Benfield Group aviation broker and CEO of UK-headquartered insurance services provider Kane Group has left the company he effectively founded just months after private equity firm CBPE Capital took a stake in the business