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  • Pacific Hurricane Jova made landfall in Mexico this morning at 5am (GMT) as a weak category 2 storm, according to the US National Hurricane Center
  • Bermudian (re)insurer Endurance has promoted Rene Lamer to the role of senior vice president and head of US property cat treaty reinsurance, reporting to the group head of global cat reinsurance, Stephen Young.
  • Platinum Underwriters Holdings has added $98.3mn to its estimates for first and second quarter catastrophe events as the spectre of loss creep threatens to haunt the sector's third quarter financials.
  • QBE is the fourth and final managing agent to currently hold a "green light" status under the Lloyd's traffic light system that is being used to measure progress on Solvency II
  • Transatlantic Re has confirmed that it has signed a confidentiality agreement with a third potential bidder just hours after The Insurance Insider revealed that it had entered talks, but it has refused to disclose the identity of its new suitor.
  • Insurance Institute of London (IIL) president Martin South used his inaugural lecture to call attention to the London market's shortcomings in paying claims
  • New York private equity firm Kelso & Co leads a list of blue-chip investors supporting John Berger's nascent January 2012 Bermudian reinsurance start-up, Third Point Re
  • Opportunity knocks for investors prepared to take a risk on quoted Lloyd's insurers, according to Espírito Santo Investment Bank analyst Joy Ferneyhough
  • The long-running saga over the future of Transatlantic Re is likely to take yet another unexpected twist this week with news of a further potential bidder set to emerge.
  • London-listed collateralised reinsurance fund manager Catco is considering fundraising options to take advantage of a looming capacity crunch in the high-severity retrocession market at the January 2012 renewals.