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  • Bermudian reinsurer Argo Re is turning to the cat bond market for the first time, attempting to raise $100mn of multi-peril protection under its Loma Re offering.
  • Non-life insurers in Japan have already paid out more than $11bn of claims relating to homes that were damaged by the 11 March Great Tohoku earthquake, the General Insurance Association of Japan has said
  • The Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) has approved the updated RMS Version 11 (V.11) hurricane catastrophe model
  • Reinsurance brokerage Holborn has warned that US catastrophe losses since April are likely to exceed $20bn
  • Bolstered by its $180mn sidecar AlphaCat Re 2011, Validus took advantage of firming property cat rates to increase its Florida exposures by 30-35 percent
  • Welcome to the 2011 Global Energy & Power Review. Looking back at last year's inaugural publication, many things have changed in the power and energy sector
  • Terra Firma has said that it has no intention of making an offer to acquire Lloyd's insurer Chaucer plc after it was asked to clarify its intentions by the UK Panel on Takeovers and Mergers
  • Niche UK venture capital firm BP Marsh's profits for the year to 31 January 2010 climbed to £3mn from just £0.1mn the previous year
  • Mark Hodges has stepped down from the helm of Aviva's UK business and will succeed Andy Homer as CEO of private equity-backed Towergate in October
  • The Securities and Exchange Commission (SEC) has proposed new regulations that would require rating agencies to disclose more quantitative and qualitative information on how they assess debt