Article: Spitzer blows stronger than Hurricanes: Charley, Frances, Ivan and Jeanne wash out third-quarter profits, but reinsurers at Baden Baden are more worried about "Hurricane Eliot.".(Up front: news, updates and other emerging strategies from around the world)

In the German spa town of Baden Baden, all people could talk about this year, while sipping their spritzers, was New York Attorney General Eliot Spitzer.

Coming a week before this year's reinsurance gathering in Baden Baden, Spitzer's actions were the hot topic of conversation but had little impact on negotiations. However, it quickly revived recent speculative reports that Willis might be mulling a bid for bigger rival Aon, while the future of Marsh was questioned as its share price tumbled.

The potential impact has alarmed risk managers. Thierry van Santen, president of the Federation of European Risk Management Associations said contingent ...

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