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  • Companies will need to argue their case strongly to gain investor support for proposed acquisitions, despite the relatively modest prices of most insurance businesses.
  • Lloyd's grandee Stephen Catlin has said that Lord Levene's successor as chairman of the market should come from the (re)insurance industry.
  • Ireland-domiciled international insurers will not automatically face downgrades after the country's sovereign debt rating was slashed, according to Irish trade body the Dublin International Insurance & Management Association (Dima).
  • Ariel Re has promoted Ryan Mather to the newly created position of chief underwriter for reinsurance.
  • Hardy shareholders are likely to receive less than 330p per share from the company's substantial share buyback programme if the Beazley takeover fails, according to Beazley Group CEO Andrew Horton.
  • Stephen Catlin has called for the doors to be barred to new Lloyd's entrants next year as existing syndicates struggle with softening rates and overcapacity.
  • Dublin-based insurers RSA Insurance Ireland, Aviva Insurance Europe and Allianz Plc have been placed on credit watch with negative implications by ratings agency Standard & Poor's
  • Lloyd's takeover target Hardy Underwriting has unveiled plans for a 7.5 percent third-party capital participation in its flagship Syndicate 382 and told shareholders it will launch a buyback programme if Beazley withdraws its bid for the firm.
  • Stephen Catlin, CEO of the eponymous insurance group, has called for debate on the role of Lloyd's in the current market environment, asserting that the Society has some hard decisions to make.
  • The advent of Solvency II at the start of 2013 could bring an end to the soft market, according to Scor Group CEO Denis Kessler.