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  • An expansive MGU strategy sits at the core of Pat Ryan's vision to "close the loop" on distribution, as he continues to build the Ryan Specialty Group (RSG) platform he launched last year.
  • The flooding in Thailand now looks as if it will be the second-largest Asian (re)insurance loss of 2011 with industry figures privately speculating that the eventual total will many times higher than the current official estimate.
  • A quiet Atlantic hurricane season will not spare US-listed (re)insurers from reporting cat losses in Q3, as loss creep on the New Zealand and Japanese earthquakes combines with losses from Hurricane Irene and the Danish floods.
  • Commercial P&C pricing for US risks is now higher on average than it was a year ago, the first time since 2003 that rates have risen year-on-year.
  • Despite reporting cat-affected earnings well down on the prior-year period, Chubb and Travelers both reported encouraging rate rises on their US commercial insurance books of business last week.
  • Deteriorating conditions in the municipal bond market could leave the Florida Hurricane Catastrophe Fund (FHCF) with a 12-month funding shortfall of $3.219bn should an event go through the top of its coverage.
  • Flagstone Re founder Mark Byrne is in prime position to consummate his deal for taking a minority position in listed Lloyd's (re)insurer Omega after dominant shareholder Neil Woodford of Invesco Perpetual gave his blessing to the Flagstone Re founder's stake-building.
  • RMS v11 and loss frequency and severity are at the forefront, while macroeconomic concerns skulk in the background as renewals negotiations pick up
  • Munich Re lower Q3 write-dow; XL issues $350mn hybrid; Mutual Friendship; Fairfax saves BoI; Brown & Brown shares leap; Willis duo departs; Allstate's $1.08bn Q3 cat bill; RLI shines; RFIB King abdicates; Platinum shines; Going Dutch; BP Marsh solid; Towers Watson ILS head; Aviva job cull; FSA approach insufficient - Lord Turner
  • Dear hedge fund manager, it has come to our attention that you have recently been approached with a view to investing in the reinsurance market.