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  • Despite Berkshire Hathaway's Swiss Re stake being a "vote of confidence" in its competitor, one analyst has highlighted the dilutive effect of the "attached" quota share deal on the reinsurance giant's earnings per share (EPS).
  • Marsh UK has published details of its new "model" designed to show greater transparency of its revenue structures after it abolished the controversial Placement Service Agreements (PSAs) last year.
  • US workers comp insurer PMA Capital was successful in reversing an arbitration award to Platinum Underwriters Bermuda after an earlier decision to dismiss the payment was upheld by the US Court of Appeal last week.
  • Many practitioners in the legacy industry would agree that continental Europe represents a new frontier for run-off opportunities. The question is how to unlock this business. IQ's legacy supplement caught up with senior market practitioners to explore the gulf between attitudes to run-off in the UK and Europe, as well as opinions on Solvency II, schemes of arrangement and diversification...
  • German giant Allianz has become the first insurer to transfer flood risk to the capital markets with a $150mn cat bond issued by Cayman Island’s special purpose vehicle Blue Wings Ltd.
  • Standard & Poor's (S&P) raised SCOR’s rating from “BBB+” to “A-“ last Monday (1 August), marking another step towards a position of profitability and stability for the France-based reinsurer.
  • UK insurer Brit Insurance Holdings plc has launched a pioneering $200mn cat bond structure that will pay out fixed amounts in the event of four to nine qualifying natural catastrophes over the next three years.
  • US insurer HCC Holdings, its former CEO Stephen Way, and its former General Counsel Christopher Martin have finally reached a settlement with the US regulatory authorities relating to a dispute alleging violations over stock-options backdating.
  • Our monthly column keeping check on US and EU legal and regulatory developments
  • (Re)insurers are facing the possibility of a property and business interruption loss after last week's train crash on the Washington Metro, in a programme placed by Aon, The Insurance Insider's sister publication Inside FAC reports.