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  • Ross Hood, one of the architects of Hannover Re's aggressive play in the UK solicitors' Professional Indemnity (PI) market, has left the company, The Insurance Insider can reveal.
  • The leading Lloyd's turnkey provider Whittington Group has whittled down its list of potential acquirers to a final shortlist that includes the UK-listed run-off acquisition group Tawa and a private equity backed management buy-out
  • An accident involving a Petrobras-owned oil and gas vessel in the Gulf of Mexico looks set to land the offshore energy market with a new $147mn bill amid a series of bruising losses, The Insurance Insider can reveal.
  • Fresh from acquiring up-for-sale Lloyd's insurer Jubilee Group, the expansive US underwriter and wholesaler Ryan Specialty Group (RSG) has agreed a new partnership with Beazley Group.
  • With the notable exceptions of the US excess casualty and deepwater drilling and control of well segments, Marsh has said market conditions were favourable for most energy insurance buyers.
  • The news that sidecars are being readied once more to slice through some of the prime hard crust currently sitting on top of the property cat retro market is unlikely to surprise anyone well connected to the sector.
  • Lancashire's $250mn Accordion sidecar, launched last week, illustrates that the 2011 breed of sidecars have markedly different characteristics to the vintage marques of 2005-06 that emerged after hurricanes Katrina, Rita and Wilma.
  • Bermudian carrier White Mountains has confirmed that Lloyd's has granted it approval to establish a syndicate and start underwriting on 1 July
  • Hiscox has announced that its flagship £1bn-capacity Syndicate 33 is expected to suffer a loss for the 2010 year of account
  • Fresh from acquiring up-for-sale Lloyd's insurer Jubilee Group, the expansive US wholesaler and underwriter Ryan Specialty has agreed a new partnership with Beazley Group