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  • US regulation: State vs Federal debate heats up; US collateral reform latest; Insurers face US-style class actions in the EU
  • Bermuda-based run-off manager Enstar reported net earnings of $11.5mn for the first three months of 2009 - a picture of relative stability set against the $11.7mn it earned in the first quarter of 2008.
  • Prices for run-off portfolios will fall, predicts Randall and Quilter (R&Q)'s Ken Randall, as the "hot money" that sparked a frenzy among buyers for legacy businesses begins to evaporate amid the economic turmoil.
  • Former Lloyd's Names should consider returning to the Lloyd's market and earning back some of the losses they may have suffered in the 1990s and in 2000-2001.
  • Insurance-linked securities (ILS) demonstrated a more-than 60 percent long term correlation to the S&P500 index in the aftermath of the Lehman Brothers collapse last year, despite the sector purporting low or no correlation to the wider financial markets.
  • Ironshore has continued to tap American International Group (AIG) for senior executives while building what is increasingly looking like Lexington MKII.
  • The overseas invasion of Lime Street continued in late April as WR Berkley and RenaissanceRe (RenRe) got the green light from the Lloyd's Franchise Board for new syndicates...
  • The aggregate stamp capacity of active syndicates at Lloyd's has so far risen by 6 percent from £16.1bn in 2008 to £17.0bn for 2009, according to data gathered by The Insurance Insider.
  • Trading statements from Lloyd's (re)insurers Hiscox, Catlin and Beazley have revealed strong top line growth for the first quarter as they benefited from improved reinsurance pricing environment and the strong dollar.
  • The satellite insurance market is set to take a EUR120mn hit from the loss of French company Eutelsat's communications satellite W2M, The Insurance Insider understands...