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  • Expansive Bermudian Ironshore Inc is close to sealing a deal with Chaucer plc to buy the Lloyd's insurer's Pembroke division, in a move first revealed by The Insurance Insider.
  • Marsh is dusting off the venerable Bowring name with the formation of a new international division, Bowring Marsh, which will bring together its international placement capabilities for property, terrorism and casualty risks.
  • Paul Jardine, COO of Catlin Group, has been returned as chairman of the Lloyd’s Market Association (LMA).
  • French reinsurer SCOR has unveiled the launch of its latest hub in Singapore to serve the Asia-Pacific region.
  • QBE Insurance Group has announced the appointment of Chris Fish as CFO for its Americas division.
  • New York governor David Paterson has dropped the biggest hint yet that it could relax regulatory barriers against foreign (re)insurers, according to reports last week.
  • The risk of flooding in the UK will continue to escalate unless the government improves the resilience of flood-prone areas, according to an independent review of last summer's UK floods.
  • Despite a "good year for the insurance industry" in 2007, the non-life sector faces considerable challenges, according to Swiss Re.
  • Amlin plc remains one of the best property and casualty insurers, according to Keefe, Bruyette & Woods analyst Chris Hitchings, after the listed-Lloyd's insurer reassured investors that its catastrophe risk account remains in good shape.
  • Specialist UK broker THB Group plc has seen profits fall by an much as 40 percent in the 12 months to April, compared to the prior year despite more an earnings boost in the first half of that period.