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  • Berkshire Hathaway's (BH) appetite for catastrophe reinsurance has been blunted and the company will write less in 2009 in order to protect its capital cushion, confirmed Warren Buffett last week.
  • A political storm is once again brewing over bonus payouts at stricken insurance giant American International Group (AIG).
  • Engineering specialist TSM Agencies Ltd is close to submitting plans to launch a new syndicate, The Insurance Insider understands.
  • Adrian Fox – the underwriter at the centre of a challenging financial institutions (FI) reinsurance programme renewal for Aspen Insurance Holdings – has resigned from the company, The Insurance Insider revealed today.
  • Arch Capital Group has become the latest Bermudian (re)insurer to set up in Lloyd's after receiving final approval to launch its new syndicate, executing plans first revealed by The Insurance Insider last December.
  • The received wisdom that Europe is the new frontier for developments in managing legacy business was given succour last week, following a survey where 98 percent of respondents agreed...
  • As first revealed by our sister title Inside FAC, global broker Willis has confirmed it is bringing together the facultative units of Willis and Willis Re into a single global business unit to be known as Willis Facultative.
  • The seven-year outsourcing contract for reinsurance broker Aon Benfield's UK claims back office won by business process outsourcing specialist Xchanging last week is worth between £20-25mn...
  • Up-for-sale Lloyd's insurer Chaucer Holdings – which last week posted a better-than-expected loss for 2008 – is mulling a number of approaches after the deadline it set for formal bids passed last Thursday (12 March).
  • Ratings agency Fitch downgraded the issuer default rating (IDR) of Berkshire Hathaway Inc to AA+ from AAA and its senior unsecured debt ratings from AAA to AA last week.