April 2007/1

Lloyd's chairman Lord Levene was quick to acknowledge the part an "exceptionally low level of catastrophes" played in strong performance from insurers operating on the platform that enabled it to report pre-tax 2006 profits of £3.7bn for the market.

European reinsurer Württembergische Versicherung AG (W&W) has been assigned an A- rating from AM Best just months after being downgraded by Standard & Poor's (S&P).

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.

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

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.