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  • Second quarter catastrophe losses and deteriorating estimates from events in Q1 have pushed Platinum Underwriters Holdings to a $20.4mn net loss for the period, taking the reinsurer's deficit for the first half of 2011 to $177.6mn.
  • Fast expanding Lloyd's (re)insurer Ascot Underwriting is considering setting up an overseas operation to ease the penetration of its products into new markets.
  • Brit shareholders have been given a further fortnight to vote on the joint Apollo-CVC offer for the listed Lloyd's insurer first unveiled in late October.  
  • Guy Carpenter has announced that it has named Liz Flynn as Global Chief Operating Officer (COO) as a replacement for Charlie Fry whose departure from MMC's reinsurance broker The Insurance Insider revealed in March.
  • At the start of 2010 the convergence market was in optimistic mood, tempered with realism over the steps still needed to fulfil the market's potential.
  • Little more than a month after a $150mn private equity injection took its shareholder equity through the $1bn threshold, expansionist start-up Torus has entered the London financial lines market.
  • There was more courtroom drama this month with a mammoth case management conference for the forthcoming film finance litigation.
  • Munich Re has identified "growth and maintenance of broker relationships" as being "critical to success" in its overall P&C strategy, while also highlighting the increasing importance of the US to its strategy.
  • As exclusively revealed by our sister publication The Insurance Insider on Friday (13 January), Lloyd’s has unveiled its vision for the marketplace, which may see differential charging for the Central Fund and a number of other significant reforms...
  • Solvency II compromise could fuel branch growth; EC antitrust stance leaves scope for further lobbying; US capital relief requests; Federal regulation edges closer