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  • Ace reported a $1.1bn acquisition of US crop insurer Rain and Hail Insurance Service and a separate $200mn deal to buy Malaysian business Jerneh Insurance Berhad
  • First-half average net losses on underwriting in the private US property and casualty (P&C) sector deepened to $5.1bn from $2.1bn a year earlier on declining earned premiums, according to ISO and the Property Casualty Insurers Association of America (PCI).
  • The senior management of CV Starr's accident and health subsidiary are in negotiations with industry legend Hank Greenberg to buy themselves out of the parent holding company.
  • London-based specialist agency Sciemus claims its new analytical tool for assessing wind turbine risks will enable it to provide more accurate risk premium quotes to potential customers.
  • Five months after Marsh set Gibbs Hartley Cooper (GHC) up as its independent London market wholesale broker the search continues for a CEO, The Insurance Insider has learnt.
  • AmTrust Europe - the UK insurance company that rebranded from being IGI earlier this year - has unexpectedly parted company with its CEO Keith Wardell.
  • Former SVB CEO Rupert Villers has signalled his intention to step down as CEO of Aspen's insurance business after just nine months in the role, The Insurance Insider has learnt.
  • Quoted Lloyd's carrier Omega Insurance Holdings received a twin boost with the news that company chairman John Coldman has invested £1mn in the company while AM Best has lifted its negative watch
  • Lloyd's and international (re)insurer Hiscox plc is scaling back its US operations in the face of difficult market conditions by selling its bloodstock business and withdrawing from inland marine.
  • Scor is in the advanced stages of an application to launch a Lloyd's syndicate for a 2011 start, The Insurance Insider can reveal.