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  • Lloyd's has taken measures to ease the passage of brokers wishing to access the market as it continues to execute its rolling three-year strategy of delivering the "platform of choice".
  • The multinational broking giants – namely Marsh, Aon, Willis et al – may still be suffering from the effects of a Spitzer-induced hangover, but elsewhere it is becoming difficult to ignore the growing interest in the industry from prospective acquirers.
  • AXA, the French insurance giant, is set to confirm another UK broker acquisition with its swoop for the private equity backed Smart & Cook, according to reports.
  • 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.
  • Kiln plc last month became the latest Lloyd’s insurer to join the recent exodus across the Atlantic to the shores of Bermuda.
  • Last month's SelectCat launch by Guy Carpenter was the latest in a line of index-based offerings to hit the market as brokers look to create alternative capacity for property catastrophe reinsurance risk.
  • By John Helmer in Washington
  • As capital pressures continue to ease for reinsurers, rates in the US are likely to drop by up to 20 percent at 1/6 and 1/7 renewals in certain lines, according to a report by broker Aon Re.
  • Ark starts trading; Leinster misses 1/4 deadline on capital shortfall
  • In 2003, when Rolf Tolle joined Lloyd's as its first Franchise Performance director, the market was still in remission following the devastation of the World Trade Center losses and the enervating casualty losses of the late nineties.