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  • (Excess) capital is back. Should the industry follow Munich Re’s lead?
  • Global reinsurance broker Guy Carpenter has agreed a deal to buy London-based reinsurance broker Rattner Mackenzie Limited (RML) from US specialty insurer HCC Insurance Holdings (HCC).
  • Oxygen Holdings celebrates five years with a restructure that appoints Graham Elliott, former global director of Institutional Equity Sales at Prudential Equity Group, as CEO of its UK broking subsidiary, Oxygen Insurance Brokers.
  • Global reinsurance giant Munich Re is resuming the share buyback programme it cancelled seven months ago at the nadir of the global financial crisis, citing a "stabilised economic environment" and "unneeded capital".
  • AIG UK has appointed Tom Colraine to the new role of chief operating officer, reporting to CEO Lex Baugh.
  • Expansive Bermudian run-off manager Enstar has acquired UK insurer RSA’s legacy portfolio, British Engine, for £28mn in cash.
  • The Hartford Financial Services Group has named Liam McGee - former president of the Consumer and Small Business Bank for Bank of America - as its new chairman and CEO.
  • The global aviation insurance market is facing a challenging outlook as the historically significant airline renewal milestone of 1 October approaches this week.
  • According to Lloyd's director of finance, risk management, and operations, Luke Savage, the outlook for sustaining strong investment returns remains dim for the foreseeable future...
  • The on-off Lloyd's start-up TSM Agencies looks closer to reaching fruition after The Insurance Insider revealed that it has harnessed £10mn of underwriting capital from the Electrical Contractors' Association (ECA).