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  • The much-anticipated - and somewhat delayed - European industry-wide loss index draws closer to fruition with the Swiss incorporation of PERILS AG, a firm established to aggregate European windstorm exposure and loss data.
  • Moody's Investors Service has put $67.5mn of the notes on Glacier Re’s $180mn Nelson Re cat bond on review for a possible downgrade after the (re)insurer significantly upped its Hurricane Ike loss estimates.
  • London market insurers Brit Insurance and Chaucer have reserved £62.5mn and £62.7mn respectively for net losses resulting from combined financial crisis losses.
  • While being dealt yet further downgrades, Hartford Financial Services Group is seeking to sell off its loss struck life business in a bid to return to its origins as a pure play property casualty player.
  • Mounting litigation against Stanford Financial Group (SFG), the banking and investments group at the heart of $8bn fraud allegations from US regulator the Securities and Exchange Commission (SEC), is likely to translate into claims against the London mark
  • Warren Buffett told investors last month that he is determined to maintain Berkshire Hathaway's Rock-of-Gibraltar-like stability amid the raging financial storms.
  • Lloyd's will unveil another sharp fall in the number of run-off years of account with its annual results next month, The Insurance Insider can reveal.
  • A panel of brokers has advised the Florida Hurricane Catastrophe Fund (FHCF) that there is up to $5bn of reinsurance capacity available in the private market to shore up its defences in the face of a growing funding...
  • Had Aon not bought Benfield last year and put it beyond reach in the global ranking stakes, Guy Carpenter's swoop for privately-owned John B. Collins Associates (Collins) would have made it the largest reinsurance broker...
  • Aon Benfield's London executives receive bonuses in March and April. If any are to be lured by competitors following the £935mn takeover, it may be now...