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  • No sooner than reinsurers uttered a collective sigh of relief over Hurricane Irene, came a warning last week that the first two weeks of September should feature activity at "above average" levels.
  • David Reeves, CEO of Lloyd's start-up Barbican, has said that despite catastrophe losses this year, the company will have enough capital to come into line.
  • Flagstone unveils new recruits for Lloyd's platform; Howden opens in Bermuda; Infrassure expands its management team; Northdoor opens to Russell; Gras Savoye splits leadership roles; Lexicon trading as Evercore; Lockton ventures into Norway; Advent of Migliorini; AIG lease unit on runway for IPO
  • Former Validus executive George Reeth has re-emerged in the sector as president of Companion Property & Casualty Insurance Group, part of BlueCross BlueShield of South Carolina.
  • Harbor Point founder John Berger is developing plans with Third Point to launch a reinsurance vehicle that would have a hedge fund-style investment strategy.
  • Last week we wrote of how the global reinsurance industry had received something of a lucky break from the gods.
  • Reinsurers whose results were decimated by record first half catastrophe losses have at least escaped the first US landfalling hurricane of the season with no further damage to 2011 earnings.
  • Many European insurers may be over-reserved against US APH liabilities and could use the impending requirements of the Solvency II regime as an opportunity to free up capital and generate fresh profits, according to new research by boutique London-based run-off acquirer Ruxley Ventures.
  • Tropical Storm Lee has led to the evacuation of more than a third of platforms and rigs in the Gulf of Mexico, according to figures from the US Bureau of Ocean Energy Management, Regulation and Enforcement
  • Harbor Point founder John Berger is developing plans with Third Point to launch a reinsurance vehicle that would have a hedge fund-style investment strategy, The Insurance Insider understands.