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  • In our industry there is seldom very little to talk about - that's why we here at Insider Towers take so much pleasure in writing about it. But when it came to drafting themes for our Bermuda 2011 reinsurance roundtable even our inspiration was running thin on the ground.
  • Jardine Lloyd Thompson (JLT)'s reinsurance arm has lured senior Aon Benfield UK executive Alastair Speare-Cole to become its next CEO, according to sources
  • Bermudian reinsurer XL has made a $227.3mn net loss for the quarter on catastrophe losses of $387.4mn
  • Scor reported a net first quarter loss of EUR80mn, down from a EUR36mn profit the year before, but said exceptional catastrophe costs were offset by a strong technical non-life performance
  • Alterra Capital reported a $46.7mn net loss for the first quarter of 2011 on catastrophe losses of $106.3mn net of reinsurance and reinstatement premiums
  • Months after rebuffing its larger rival's takeover approaches, Lloyd's insurer Hardy has lured Beazley Group's head of energy Paul Dawson to join the firm and supercharge its energy business.
  • US legacy/live consultancy firm Citadel Risk have hired the former R&Q marketing & business development director, Mike Palmer. Palmer joined Citadel on the 3 May and will join the Board that includes CEO Tony Weller, US President Art Coleman, executive vice president Jack Ignatowitz and director Peter Sheldon.
  • Flagstone Reinsurance Holdings saw its shareholder equity fall 14.6 percent during the first quarter as the devastating sequence of global catastrophes and adverse development in prior-year reserves took their toll
  • US insurer and Omega suitor Delphi Financial Group reported first quarter operating earnings of $51.5mn, up 11 percent year-on-year
  • A $113.1mn catastrophe charge has pushed Argo Group International Holdings to a first quarter loss of $92mn