January 2007/4

Marsh Inc has confirmed the launch of MaRI (Marsh Risk Innovations), a proprietary sidecar facility providing much needed US property catastrophe coverage.

CastlePoint Holdings Ltd, the Bermuda based (re)insurer formed last year by the US investment bank Friedman Billings Ramsey, plans to list on Nasdaq through an initial public offering (IPO).

ACE Tempest Re Group, part of ACE Limited, announced the establishment of ACE Tempest Re Canada on 8 January.

Andrew Moss, the former Lloyd’s finance director, was the surprise choice to replace retiring Aviva chief executive Richard Harvey later this year.

ACE European Group announced a series of changes to its management personnel and structure on 10 January.

Lloyd's based (re)insurer Amlin plc) that its Bermudian reinsurance operation has written $87mn of business this year, a 58 percent increase on the same point last year.

Enterprise Risk Management (ERM) will have a significant impact on cycle management, according to Mike Belfatti of consultancy Tillinghast's North American property/casualty ERM practice.

Catlin Group Ltd says the integration of Wellington Underwriting has gone well with more business retained than expected and only a small number of unplanned resignations from key staff.

Michael Mendelowitz has become the latest partner from Barlow Lyde & Gilbert's (BLG) reinsurance and international risks team to leave the law firm, with the news that he is to head the contentious insurance...