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  • Bermudian reinsurer Validus is in advanced takeover talks with privately held class of 2005 reinsurer Ariel, The Insurance Insider revealed last week.
  • Bermudian Ironshore has trebled its size in the last two years to book gross written premiums of $1.2bn in 2010, The Insurance Insider can reveal.
  • Ryan Specialty Group and acquisitive Lloyd's (re)insurer Canopius are among the companies involved in an auction process that will decide the future ownership of independent Lloyd's insurer Jubilee Group, The Insurance Insider can reveal.
  • Debt-laden broker acquirer Towergate Partnership has silenced its critics by successfully pushing ahead with a refinancing exercise that combines £930mn of new debt and £200mn of new equity.
  • Last week's vast $4.1bn reserving charge at AIG was immediately seized as evidence that the end is nigh for this US P&C soft market cycle and that pricing will be rising by 2012.
  • As attention turns towards continental Europe's reinsurance giants, the picture from US, Bermudian and early Lloyd's reporters is of marginally better-than-expected Q4 results but grim prospects for the start of 2011
  • Insurance Australia Group (IAG) has issued a profits warning covering the six months to 31 December 2010 after it suffered a further A$121mn loss from Lloyd's motor insurer Equity Redstar
  • The Obama administration has today (11 February) laid out proposals for winding down mortgage giants Freddie Mac and Fannie Mae that could significantly increase demand for earthquake (re)insurance and reshape the wider US cat market
  • Bermudian reinsurer Validus is in advanced takeover talks with privately held class of 2005 reinsurer Ariel, The Insurance Insider can reveal
  • Lloyd's (re)insurer Novae Group is to part company with its group chief underwriting officer Peter Matson