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  • Wall Street giant Goldman Sachs has warned in a regulatory filing that it may face more litigation on the back of the US Securities and Exchange Commission (SEC)'s civil lawsuit filed on 16 April.
  • Bermudian-headquartered international specialty insurer Ironshore has completed a $250mn private debt offering of 8.50 percent senior notes due in 2020.
  • Amlin and Ark have lent their backing to Lloyd's medical malpractice coverholder MPLC, in a move that will increase its cover limit to £20mn per risk.
  • Brit PI team sees another departure; WR Berkley appoints new president of BerkleyMed...
  • If dancing swallows is one of the first signs of summer in England then another is the annual legacy ritual of the Norwich Rendez-Vous, which takes place between 7 and 9 June.
  • In what promises to be a hectic few weeks for insurance-linked securities (ILS) issuance, Allianz is currently marketing Blue Fin Series 3 - a $150mn transaction offering three years of cover for US hurricanes and earthquakes.
  • A controversial proposal to reform the US National Flood Insurance Program (NFIP) by adding wind coverage has been given the green light in the House of Representatives.
  • State governor Charlie Crist is still yet to decide whether he will veto an industry-backed insurance bill voted through in the dying moments of the Florida State legislative session at the end of April.
  • US reinsurance broker TigerRisk Partners has hired the former RK Carvill duo Stephen Breen and Patrick Gonelli to form a retro trading desk.
  • Independent US broker Burns & Wilcox has abandoned its attempt to acquire a controlling stake in London market broker Besso Group, The Insurance Insider can reveal.