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  • French reinsurer Scor hopes to become a premier ILS fund manager as it begins marketing its new Atropos fund to third party investors this month.
  • Guy Carpenter estimates that the capital markets will lift their reinsurance capacity for property catastrophe risk by 25 percent from current levels to reach volumes of $37.5bn by 2014.
  • Fermat Capital founder John Seo predicted that issuance prices for US hurricane catastrophe bonds could rise by 15-25 percent on a steady bond structure under the new hurricane model from RMS.
  • Aon's kidnap and ransom practice has warned of an increase in piracy on the African West Coast, at a time when most of the industry's attention is focussed on the Somali coastline on the other side of the continent.
  • The airline industry's loss history hit a five-year low during August 2011, with overall losses for the year at $794mn, including $426mn of hull losses and reserving for liability of $68mn.
  • With broader financial stocks threatening to be engulfed by the ongoing Eurozone debt crisis and global economic fears, the appeal of largely undervalued and uncorrelated reinsurance stocks may be in the ascendency again.
  • Uniformly depressed valuations in the reinsurance sector may block further M&A activity, rating agencies argued at the annual reinsurance summit in Monte Carlo last week.
  • There will be winners and losers in the reinsurance universe from the imminent increase in the Zenkyoren loss notification, as some have their losses made good by retrocession contracts and others find themselves on the wrong side of those covers.
  • An explosive encounter between two reinsurance industry heavyweights at the annual Monte Carlo Rendez-Vous last week has set the scene for a cagey negotiating process ahead of the key January renewals.
  • The big reinsurers had little new to reveal at this year's Monte Carlo Rendez-Vous, but (inevitably) pushed for rates to rise in 2012.