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  • Barclays Capital analysts say Allstate's $1bn purchase of online insurance business Esurance and Answer Financial from White Mountains appears to be a "rich" price for a business that is making weak profits.
  • Results for the three largest Japanese insurance groups, published last week, confirm that the trio have weathered the immediate effects of the Great Tohoku earthquake with little fuss.
  • Travelers Lloyd's chairman steps down; Amlin results forecast; BMS poaches another Glencairner; Liberty Mutual Re goes to Conneticut.
  • The latest Residential Re cat bond sale currently being marketed for regular sponsor USAA is set to provide a key test of the market's capacity for US wind risk.
  • Insurance-linked securities (ILS) fund managers are "licking their wounds" after RMS released cat bond remodelling statistics under version 11 of its new hurricane model.
  • London-listed collateralised reinsurer Catco has raised a net $121mn from a new share issue and is seeking to issue another 400mn new shares, according to a stock exchange announcement last week.
  • Lancashire's new sidecar will not be rushing in to write lots of retrocession, says head of investor relations Jonny Creagh-Coen.
  • Lloyd's CEO Richard Ward told the London market last week that its lucky streak on US hurricanes is likely to come to an end.
  • The US National Weather Service's National Oceanic and Atmospheric Administration (NOAA) climate prediction centre has released its forecasts for the 2011 hurricane season and is warning that it is set to be another year of high activity.
  • Bermudian (re)insurer Endurance Specialty will take a $45 to $55mn loss from the April tornado activity that swept through the southern US states of Alabama, Arkansas, Georgia and Virginia.