April 2007/1

A number of former Wellington Underwriting staff continued to head out of the Catlin Group last week with David Foreman’s recently launched Ark Syndicates believed to be a likely destination for some.

New York attorney general Andrew Cuomo has received the go-ahead for a bid-rigging lawsuit against Liberty Mutual Group companies from the state's Supreme Court.

Shares in Bermudian Flagstone Reinsurance Holdings Ltd faltered in early trading Friday (30 March) following its listing on the New York Stock Exchange.

Proposed Lloyd's start-up Leinster Underwriting Services has missed the 1/4 renewals after failing to raise the £180mn in capital its business plan had outlined in time.

Integro Ltd, the US insurance broker formed in response to the regulatory scrutiny in to the broking industry, is to recruit between 50-100 executives to build a new global wholesale and facultative reinsurance group, Insider Week can reveal.