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  • Speculation over a tie-up between Chicago neighbours Aon Corp and Arthur J. Gallagher & Co has been rife since Willis threw down the M&A gauntlet with its proposed $2.1bn acquisition of US retail broker Hilb Rogal & Hobbs.
  • Pricing and trading in the industry loss warranty (ILW) market has boomed with the start of the US wind season in June.
  • Mining wordings are being re-written in the most comprehensive fashion for 20 years as the industry seeks to recover from disastrous first-half losses, The Insurance Insider has learnt.
  • The "naming and shaming" of London brokers by the Market Reform Group (MRG) over their failure to adopt a key electronic initiative that could speed up the payment of premiums from brokers to (re)insurers appears to be working.
  • In the latest insurance linked securities (ILS) structuring innovation, Deutsche Bank is marketing a new trigger mechanism, which aims to streamline ILS issuance and open up the market to smaller sponsors, The Insurance Insider can reveal.
  • Rapprochement for AIG and Greenberg; Sullivan nets $47mn pay-off; Marsh receives Qatari licence; Enstar shares fall; Paris Re RISC ratings affirmed; AWAC deal could net Darwin chief $9mn; Ariel Re appoints new chairman
  • Insurance specialists Kennedys and Davies Lavery have announced that the two firms will merge from 1 September 2008.
  • As predicted by The Insurance Insider, Capita Group plc and Marsh UK finalised their 10-year outsourcing deal, worth £187mn, that will see around 600 staff transfer to the outsourcing firm.
  • Former RenaissanceRe president Bill Riker will join Benfield Group Ltd as a non-executive director on 1 September 2008.
  • The energy market, which saw the arrival of new capacity in the form of Ironshore-backed Anemos in May and First Reserve-backed Torus last month, is reeling following a depressing second quarter claims experience.