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  • £69mn of capacity was traded at the second round of the Lloyd's 2010 syndicate auction.
  • Lloyd's underwriting profits will be thin on the ground for the first half of the year - but this has done little to deter the queue of potential arrivals at the 300-year-old market.
  • Aon Benfield's facultative electronic trading portal FAConnect has been integrated with the Lloyd's Exchange, allowing users to transmit messages directly to syndicates.
  • Malcolm Payton, head of global property facultative reinsurance at JLT Re, is joining GCFac, although details of his new role are yet to emerge.
  • Chartis leads the Jardine Lloyd Thompson-placed cover for the ATR-42 turboprop that crashed in Venezuela last week, The Insurance Insider understands.
  • The US energy casualty market is facing maximum insured losses of up to $1bn from a gas pipeline explosion earlier this month in a neighbourhood near San Francisco.
  • Cat bond investors are lining up to buy the first pure European wind bond of the season - French insurer Groupama's EUR100mn Green Valley II offer.
  • French reinsurer Scor has seeded a dedicated insurance-linked investment fund, Atropos, with $100mn of capital and hopes to start raising third party capital from October, reports The Insurance Insider's sister publication Trading Risk.
  • Expansive US reinsurance broker TigerRisk is "looking at various options" in London as it seeks to grow its business there, according to co-founder and industry veteran Rod Fox.
  • The Global Reinsurance Forum (GRF), formed in September 2009 as the trade body for the world's largest reinsurers, has claimed some early successes as it celebrated its first anniversary at last week's Monte Carlo Rendez-Vous.