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  • Smaller shareholders in Alea Group Holdings (Bermuda) Ltd may have got their wish with the news that the failed reinsurer has received an approach that might lead to a higher offer than the 93p a share offered by Fortress Investment Group (FIN).
  • Bermudian start-up Ironshore Insurance Ltd has taken its first step to a US presence after being approved to write property and catastrophe insurance on an excess and surplus basis in South Carolina.
  • Bermudian (re)insurer Validus Holdings Ltd has agreed terms for its acquisition of Lloyd’s based Talbot Underwriting Holdings, as predicted by The Insurance Insider.
  • Benfield Group's 2005 move into primary lines continues to provoke concerns among some analysts about the reinsurance broker's prospects.
  • As SCOR found out recently, there are times when shareholders need an extra incentive before they will support take-out offers – and this is looking increasingly the case with the defunct reinsurer Alea Group Holdings.
  • Allstate Insurance Co announced that it would not be writing any new homeowners policies in the state of California from 1 July.
  • Maintaining underwriting discipline and good cycle management will be key as falling aviation rates send the market towards the "burning cost" for airline business, according to Lloyd’s Annual Report 2006.
  • The continuing uncertainties in catastrophe models were highlighted as a stumbling block to high ratings for insurance linked securities (ILS), such as cat bonds, last week.
  • Heath Lambert, the UK broker that has to continually fend off takeover speculation, has restructured its operations following the departure of a number of executives.
  • Synergy Insurance Services, an innovative UK insurer that has been in the pipeline for a number of years, is finally launched this week amid claims that its structure could allow small and medium-sized businesses to save up to 40 percent of their insuranc