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Login E-mail Password Password reminder Click here to register Latest Issue     The Insurance Insider Monthly newsletter with exclusive coverage of the London and International (re)insurance markets.   Insider Week Weekly electronic bulletin with in-depth analysis and commentary.   Insider Quarterly Feature driven quarterly magazine with an international view on industry issues.   Executive Briefings     Click here to download The Insurance Insider's latest Executive Briefing.	Latest News From Insider Week 4 July 2008     Key Industry News       Florida buys $4bn put option from Berkshire »»»   Florida’s cat fund has turned to Berkshire Hathaway to buy a $4bn put option bond as a hedge against an active hurricane season after concluding the cost of traditional reinsurance was too high.   Ariel Re announces board restructure »»»   Ariel Reinsurance Company Ltd has announced that George Rivaz will take over as chairman as part of a wider restructure of the board.   AWAC evolves US platform with $550mn Darwin deal »»»   Bermuda's Allied World Assurance Company Holdings Ltd (AWAC) is expanding its US presence with the $550mn cash acquisition of Darwin Professional Underwriters Inc.   Bowring to return in Marsh P&C restructure »»»   Marsh is dusting off the venerable Bowring name with the formation of a new international division, Bowring Marsh, which will bring together its international placement capabilities for property, terrorism and casualty risks.   Lloyd's vehicles still attractive M&A targets »»»   Ironshore Inc's expected acquisition of Chaucer's Pembroke division will bring the total number of Lloyd's insurer buyouts to three this year.   AIG sub-prime losses set to continue »»»   The extent of sub-prime related hits at American International Group (AIG) continues to emerge with the US insurance giant to absorb $5bn in losses in its securities-lending operations.   Brit falls heavily in another day of tough trading »»»   In a bleak day for international equity markets, Brit Insurance Holdings Plc led UK insurers’ stocks south after closing down almost 7.5 percent on the London Stock Exchange.   AIG confirms Sullivan severance package »»»   American International Group (AIG) has confirmed reports that former CEO Martin Sullivan will receive a $47mn severance package after officially stepping down from his post.   Chaucer confirms Pembroke sale to Ironshore »»»   Lloyd’s insurer Chaucer Holdings plc has confirmed the sale of its shareholding in Pembroke to Ironshore Inc in a deal worth £14.9mn, as first revealed by The Insurance Insider.   ILS market 'slows': Willis »»»   Insurance linked securities (ILS) activity has "slowed", during the July renewal season, with maturing cat bond capacity exceeding new issues by $700mn, according to broker Willis Re.	Search       Advanced search   New Launch     Click here for information about our latest publication, Trading Risk.   Special Offers     Free Subscription Register now to receive a one month free trial to both The Insurance Insider (online) and Insider Week.   Documents     Click here to view and purchase Marcus Scriven profiles.
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