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  • Some of the biggest names in the run-off business are in talks with Zurich Financial Services about taking on its Eagle Star asbestos, pollution and health legacy book, The Insurance Insider can reveal.
  • Lloyd's heavyweight Catlin and Bermudian Montpelier Re have emerged as the latest reinsurers to attract backing from capital markets investors this year, building on a wave of sidecar launches in 2011.
  • Platinum and Alterra under ratings scope; Validus sacks PR advisers; Gallagher buys Oxygen team; Marketform replaces CFO; Novae stays in UK for now; Hannover Re replaces life head Becke; Canopius reinforces terrorism team; US July weather losses reach $900mn; QBE appoints new UK broker head; Clyde flexes muscles in BLG merger
  • The internationally placed property programme for technology giant Hitachi is expected to be a total loss that costs the market $700mn-$800mn, The Insurance Insider has learned.
  • US P&C insurers should not take a significant direct hit to their balance sheets following the downgrade of the sovereign's AAA rating to AA+ by Standard & Poor's (S&P), according to the National Association of Insurance Commissioners (NAIC).
  • Validus announced its intention to stay in the hunt for Transatlantic Re today (8 August) following a proposal from Berkshire Hathaway subsidiary National Indemnity (Nico).
  • So it's happened again - a hostile takeover battle has once again flushed out bid interest from Berkshire Hathaway.
  • Lloyd's performance management director Tom Bolt has concluded a review into the offshore energy liability sector by prohibiting underwriters from writing such business as part of a package with other covers.
  • Hannover Re restricted its decline in half-year net income as it recovered EUR579mn of its EUR1.2bn major loss bill from retro markets in the first half of 2011
  • Hannover Re restricted its decline in half-year net income as it recovered EUR579mn of its EUR1.2bn major loss bill from retro markets in the first half of 2011