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  • Dan Ozizmir, convergence market rainmaker and former Swiss Re Capital Markets (SRCM) head, has joined the judging panel for the Trading Risk Awards 2010.
  • Industry loss warranty (ILW) buyers are returning to the market after a very quiet trading season, seeking cheap stopgap cover for the remainder of 2009, according to broker-dealers.
  • Expansive insurers Ironshore and CV Starr have continued to build out their platforms in the US.
  • Fast expanding insurer Torus has taken Simon Urry from Markel International as senior casualty underwriter in its London offshore energy team...
  • Swiss Re has launched a three-year $250mn Mexican wind and earthquake cat bond, as first predicted by our sister publication Trading Risk.
  • Lloyd's declared pre-tax profits for the market of £1,322mn for the first half of 2009, up 39 percent on the previous year.
  • Although it looks inevitable that Lloyd's will begin next year with its highest ever aggregate capacity, the dawning reality that many (re)insurance rates will be flat-to-down in 2010 has provoked Lloyd's syndicates to moderate their expansion plans.
  • Jeffrey Greenberg's private equity firm Aquiline Capital Partners has made an undisclosed investment in Rod Fox-headed TigerRisk to support the US reinsurance broker’s continued growth.
  • (Excess) capital is back. Should the industry follow Munich Re’s lead?
  • A group of Mexican investors who claim they lost their life savings through disgraced Stanford International Bank (SIB) have taken action against six Lloyd’s syndicates, alleging that SIB's Bankers Blanket Bond (BBB) policy covers their $6mn loss.