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  • Crystal ball-gazers of broker M&A activity have long predicted that Joe Plumeri has at least one major deal in him before he steps down at Willis Group and it could prove to be a spectacular one.
  • Nigel Roberts has joined Willis after leaving Aon Ltd last year.
  • Private equity-backed Lloyd’s insurer Canopius Group Ltd is continuing its expansion strategy with a Dublin-based operation that will initially specialise in structured reinsurance.
  • Florida insurance commissioner Kevin McCarty has suspended Allstate Companies from writing new business in the state after accusing the US insurer of failing to provide subpoenaed documents at a hearing into its Florida activities.
  • Specialist broker THB Group plc has pulled out of talks with PWS Holdings plc over the acquisition of PWS’ Lloyd’s business and overseas interests.
  • Paul Karon - the CEO officer of reinsurance intermediary Benfield’s US division - has sold more than half his stock in the company.
  • David Batchelor, Marsh’s head of Asia Pacific, is to return to the UK as CEO of its operations in Europe, the Middle East and Africa (EMEA) as the broker’s new CEO Dan Glaser continues to reshuffle his team.
  • Lloyd's insurer Amlin plc has seen its premium income drop 7 percent so far at the January renewals reflecting weaker market conditions.
  • Stockbroker Equity Development are upbeat about Randall & Quilter Investment Holdings (R&Q)'s prospects following its recent initial public offering and approval to establish a Bermudian reinsurer, R&Q Re (Bermuda) Ltd.
  • Despite falls in UK insurance stocks over the last six months, valuations broadly remain ahead of their US and Bermudian property casualty counterparts, according to research by Numis Securities.