November 2013/4

Enstar and Stone Point Capital have asserted their authority as the new owners of specialty P&C insurer Torus by appointing a trio of senior executives before the deal's planned Q4 closure

AJ Gallagher has continued to lure executives from JLT's highly prized construction team, with the number of defections thought to have now reached near double figures, The Insurance Insider understands

Enstar Group has completed the $158mn takeover of Lloyd's managing agent Atrium Underwriting five months after it agreed the deal.

The UK Minister for the Cabinet Office and Paymaster General has told the London insurance market that it must remain a place of intense innovation and creativity.

Allied World confirms; Gulf Re promotes; Sidecar hire; Torus in; Kick off; Italy debt; R&Q contract; ProSight lands; Scor upgrade?; Hyperion marine; Universal shares; Motor woe; Federated National offering; Reinsurers affirmed; Swiss Re buys; Allianz GCS converts; Charles Taylor satisfied

Major cedant Allianz has put firm order terms into the market for its EUR1.3bn ($1.8bn) "SuperCat" treaty that will see reinsurers receive 20 percent more premium for the bottom layer exhausted by the European floods

CGSC has parted company with Ron Carlier less than six months after the veteran former RK Carvill executive joined as CEO of its reinsurance broking subsidiary.

Transatlantic observers of current affairs have had an entertaining time of late watching the seemingly parallel lives of two hapless leaders play out like a Greek tragedy double bill.

Houston International Insurance Group (HIIG), the US insurer led by industry entrepreneur Stephen Way, has confirmed plans to seek new investors to replace PE house Lightyear Capital and to finance  growth in 2014 and beyond