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  • XL Capital and Max Capital have seen their stocks outperform almost all of their major competitors in 2009, reflecting the bounce back in investor sentiment for the two Bermudians.
  • Talks are thought to be continuing between Invesco, one of the largest investors in the Lloyd's insurance market, and Omega Insurance Holdings, despite a hiatus in the war of words.
  • Third-party capital will participate in each of the four syndicates approved to start writing business at Lloyd's in the new year.
  • Shares in the major broking groups failed to react to last week's news that the state of New York was paving the way for a return to contingent commissions, as negative sentiment weighed down their stocks.
  • The New York State Insurance Department has begun formally implementing changes to insurance regulation that could reintroduce the contingent commissions lost in the Spitzer era by as early as mid-January 2010.
  • Randall & Quilter (R&Q)'s confidential LMX commutation with Equitas may be welcomed by the firm's investors, but will do little to cheer other (re)insurers that were also delaying settlement with the Berkshire Hathaway-owned Lloyd's run-off vehicle.
  • Despite dragging Randall & Quilter (R&Q) to a full-year loss, today's settlement with Berkshire Hathaway's Equitas is a "positive" for the UK company, according to Numis Securities.
  • The overall reinsurance spend from AIG's global P&C operations - currently rebranding as Chartis - is expected to be higher year on year at the 1/1 renewal, sources have suggested to The Insurance Insider.
  • Novae has taken a double ratings blow following its reassessment of return on capital targets, with both AM Best and Fitch offering cautious downgrade assessments.
  • A Global Index Insurance Facility (GIIF) to enable clearly defined natural catastrophe/weather related insurance cover to the developing world has been launched by units of the World Bank.