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  • Legal exclusions mean that international reinsurers will not face significant costs connected with the overheating Japanese nuclear plant Fukushima Dai-ichi - no matter what happens at the stricken facility.
  • Chaucer Holdings plc has confirmed a new £135mn private equity-backed Lloyd’s syndicate – Antares Syndicate 1274 – to take on the London market portfolio of WürttUK, as first revealed by The Insurance Insider last month.
  • Markel Corp has launched a share buyback programme of up to $300mn, in a continuation of its active capital management strategy
  • Scor will spend $900mn to buy the mortality business of US life reinsurer Transamerica Re from Dutch insurance giant Aegon in a deal worth $1.4bn after tax
  • New York-listed (re)insurer Assurant has paid $3.5mn to settle charges with the Securities and Exchange Commission (SEC) that it inflated its reported income in 2004 using a finite reinsurance scheme.
  • Cat bond pricing is set to fall in line with traditional rates in 2011, according to Aon Benfield's investment banking arm
  • It took Aon only four days to agree takeover terms with Benfield Group, but it has taken more than two months to finalise the delicate restructuring of senior London positions for the soon-to-be giant reinsurance broking combine Aon Benfield.
  • Bermudian (re)insurer Aspen Insurance Holdings Limited has announced that its subsidiary, Aspen Insurance UK Limited, has been authorised by the Australian Prudential Regulation Authority to operate as a branch insurer to underwrite general insurance busi
  • Lloyd’s placed the emphasis on cycle management as it released strong interim results this morning, with pre-tax profits of £1.81bn, up from £1.35bn in the first half of 2006.
  • Welcome to the 2011 Global Energy & Power Review. Looking back at last year's inaugural publication, many things have changed in the power and energy sector