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  • A joint venture between global interdealer broker ICAP and JLT Group has once again underlined the growing co-operation between the reinsurance industry and the capital markets in trading risk.
  • Everest Re has prompted fears of more hurricane pain for reinsurers after revealing further deterioration in losses from last autumn’s storms in its first quarter results published yesterday (24 April).
  • Swiss Re’s share price plunged 10 percent today (20 February), compound a fall of 5 percent yesterday, as analysts digested an afternoon conference call with the troubled reinsurance giant’s board of directors, and took no comfort from what they heard.
  • More than 85 percent of Jardine Lloyd Thompson (JLT)'s other shareholders have offered to tender their shares to the group's largest investor, Jardine Matheson, as the conglomerate plans to add a further 10 percent to its holding.
  • RenaissanceRe booked operating profits of $58.0mn or $1.11 per share for the fourth quarter that beat Wall Street consensus of $1.02 a share.
  • A Dutch court has sanctioned a securities class action suit for investors in the late-2001 carve-out of Zurich Financial Services (ZFS)' reinsurance arm Converium, the first collective settlement to be agreed on a transatlantic basis.
  • Following the strong recovery in the investment portfolio of its parent, Berkshire Hathaway Reinsurance Group says it has regained some of the catastrophe appetite it trimmed in Q1.
  • The UK's first dedicated insurance company providing takaful policies is set to be launched in a bid to tap into the UK's large Muslim population.
  • With the majority of interims published, Lloyd’s insurers are prospering as they unveil “market leading” combined ratios. Despite stiff competition, the current winner is Kiln Amlin: beats consensus with strong interims The second largest quoted Llo
  • The High Court has sanctioned the first transfer of business out of a Lloyd's syndicate since the formation of Equitas ten years ago, opening the prospect of a new method to obtain finality for non-trading syndicates.