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  • Fresh from the pounding they took at 1 January, catastrophe reinsurers look as if they may come away from the Japanese renewals relatively unscathed, The Insurance Insider understands
  • Direct Line's former managing director of personal lines, Tom Woolgrove, has been appointed interim CEO of Flood Re, an industry-owned reinsurer that will subsidise the cost of insuring UK homes at the highest risk of flooding.
  • Legacy rivals Enstar and Catalina are squaring off against each other in a fight to acquire downgraded US specialty carrier Sparta Insurance, The Insurance Insider can reveal
  • Ken LeStrange is set to take the position of chairman at Pine River Re in a move that will reunite him with his former Endurance Specialty colleague Bill Jewett, The Insurance Insider can reveal
  • Validus entered the trade credit reinsurance market towards the end of 2013 with the hire of a team from the Royal Bank of Canada
  • Lloyd's reinsurer Ariel established Special Purpose Syndicate (SPS) 6117 at 1 January with support from individual Names advised by members' agent Hampden, The Insurance Insider has learned
  • Indian state-owned carrier GIC Re has become the latest Asian (re)insurer to secure a presence in the Lloyd's market by setting up a special purpose syndicate (SPS) sponsored by Catlin, The Insurance Insider can reveal
  • Hamilton Insurance Group CEO Brian Duperreault made an approach for private equity-owned Lloyd's carrier Brit Insurance earlier this year as he looked to start deploying his firm's vast M&A war chest, The Insurance Insider can reveal
  • Gibraltar's Financial Services Commission (FSC) has banned James Trusselle, the former managing director of now-defunct Gibraltarian insurer Lemma Europe Insurance Company Ltd, from operating in a senior financial services role on the Rock.
  • The UK insurance industry needs to be more thoughtful and collaborative when engaging with government, Otto Thoresen, the director general of the Association of British Insurers (ABI), told a London 100 meeting late last month.