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  • Though reinsurers and brokers attending Baden Baden appear to agree that capacity in most lines remains plentiful, there remain some divergent views over if and how this capital will be put to work in 2012, and beyond.
  • AM Best has kept its crucial rating on Flagstone Re unchanged after the company announced plans to sell-off its loss-making Lloyd's business and its Cayman Islands-based Caribbean home and motor insurer Island Heritage.
  • Uncertainty over global macroeconomic conditions is one of the major drivers of premium rate rises, according to reinsurance executives at this week's Baden-Baden meeting
  • Big three broker Willis Group has appointed two executives to fill the vacancy left by the departure of Brendan McManus last week.
  • Groupama has appointed a new leadership team to replace deposed CEO Jean Azéma
  • Organic growth at Willis Group slowed to 2 percent in the third quarter, down from 3 percent in the prior quarter and 4 percent in Q3 last year, as it saw a sharp decline in organic revenues in North America
  • Barclays analyst Jay Gelb has said that he is increasingly hopeful that commercial P&C insurers will see a sustained increase in premium rates after seeing recent data from Chubb, Travelers and the Council of Insurance Agents and Brokers (CIAB).
  • The California Earthquake Authority (CEA) has secured $1.6bn of peak risk capacity for 1 January 2012, in one of the first major programmes to firm-up as discussions get underway for the key renewal season, The Insurance Insider can reveal.
  • The heavy tornado, hail and other frequency catastrophe losses that have dominated 2011 are leading to a rethink among US insurers as they look for solutions to protect retentions and earnings.
  • Floods in Thailand will inflict economic damage of at least $1bn and highlight the need to reconsider how contingent business interruption (CBI) policies aggregate with catastrophe events, Munich Re has said.