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  • The US and UK regulatory authorities have announced that they are collaborating on reporting and other regulatory requirements for key financial market participants.
  • Warren Buffett passed on the chance to buy a "very large" property and casualty (P&C) operation valued at some $25bn from American International Group (AIG), just as the financial crisis was breaking this time last year.
  • French (re)insurer Scor is seeking to reduce its 97-98 percent near-term combined ratio by saving on its retrocession purchase, according to a recent analyst report.
  • After Lloyd's (re)insurers submitted their 2010 business plans to the franchise department last week, the 300 year-old market will begin next year at its largest ever size in terms of capacity.
  • Lord Peter Levene, chairman of Lloyd's, has lambasted those who question whether the competitiveness of the City should take precedence in the UK, insisting it is "an absolute priority".
  • The industry is effectively two-thirds of the way though the worst of the North Atlantic hurricane season, provoking a leading (re)insurance analyst to suggest the prospect of better-than-expected earnings this year.
  • Scottish judge Lord Glennie's comments on the fundamental issue of fairness effectively halted the Scottish Lion solvent scheme of arrangement and could block progress on schemes currently in the pipeline.
  • Shipley to head Equitas; Torus builds out construction team; Housley leaves Axis; WR Berkley establishes oil and gas specialty unit; Marsh extends Duperreault contract
  • Markel announces $350mn debt offering; QBE acquires Cigna portfolio; JLT partners with Beazley on E&O programme...
  • Marsh has acquired International Advisory Services (IAS) - Bermuda's largest independent manager of captive and third party insurance companies - adding over 150 captives to its portfolio.