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  • Montpelier Re has entered the satellite market in conjunction with Sciemus and is looking to build a $75mn line on Bermuda paper, our sister title Inside FAC has revealed.
  • The Haitian government will receive a $7.7mn payout from the Caribbean Catastrophe Risk Insurance Facility (CCRIF) after a magnitude 7.0 earthquake devastated the country.
  • Swiss Re's SFr1.3bn sale this morning (18 January) of a closed block of US life reinsurance business to Berkshire Hathaway (BH) will free up SFr300mn in capital.
  • UK regulator the Financial Services Authority (FSA) is yet to approve Russian-backed private equity firm Pamplona adding a further 6.28 percent to the 9.99 percent stake it owns in Lloyd's insurer Chaucer.
  • Glacier Re, the private equity-owned (re)insurer that parted company with its founding CEO Robbie Klaus last year, is in talks to sell off the renewal rights of various parts of its business.
  • Our sister publication Trading Risk offers the definitive guide to the year that has just happened, and to what lies ahead, with exclusive analysis and commentary complemented by the insightful thoughts and profiles of leading companies and industry figures...
  • Nick Cook, CEO of Willis subsidiary Glencairn, has resigned from the London market broker, The Insurance Insider can reveal.
  • Early indications show that the Caribbean Catastrophe Risk Insurance Facility (CCRIF) will face payouts as a result of the devastating earthquake that struck Haiti on 12 January, reports sister title Trading Risk.
  • US primary insurer The Hartford has launched $100mn Foundation Re III -– its third transaction in the Foundation series and the first ILS of 2010, sister publication Trading Risk has revealed.
  • Our sister publication Trading Risk pulled together 12 rainmakers from the sector to host its first roundtable in New York in late 2009; an event set to become as an established a fixture in the convergence industry calendar as its annual Trading Risk Awards...