March 2007/3

Aquiline Capital Partners LLC, the private equity firm headed by the former MMC chief executive Jeffrey Greenberg, has raised $1.1bn in capital for its initial fund, the Aquiline Financial Services Fund LP.

Markets responded in mixed fashion to the UK-listed insurers last week as consensus-beating figures didn't always translate to corresponding share performance.

Western Australia has been hit by two cyclones, George and Jacob, over the past few days as the warning signs to (re)insurers that the wind could return with vengeance this year continue.

Lloyd's insurer Beazley Group plc joined its London rivals in benefiting from 2006's favourable conditions as it announced a rise of over 500 percent in its pre-tax profits.