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  • Bermudian run-off company Enstar and US investment firm accused of 'hatching scheme' to sell insurance companies
  • US broker Brown & Brown broke the $1bn total revenue mark for the first time last year as it booked net profits of $164mn, just ahead of the $162mn it earned in 2010.
  • Berkshire Hathaway's carefully cultivated reputation for ethical behaviour could be dented by the fallout from the departure of David Sokol, ratings agency Standard & Poor's (S&P) has said.  
  • As evidence mounts that the potential EUR66.5bn German P&C legacy market may finally explode into activity, the European run-off industry prepares to convene on Cologne for its annual run-off Rendez-Vous.
  • Canadian conglomerate Fairfax Financial Holdings Ltd bounced back to a third quarter profit of $253.2mn from a loss of $359.2mn in the prior-year period.
  • Shares in reinsurance broker Benfield Group have fallen almost 8 percent to 280p in early trading today (10 December) after it made a profit warning this morning.
  • Affirming Swiss Re's position as a leading distributor of risk to the capital markets is the Vita Capital III securitisation which saw the reinsurer recently issue $700mn of mortality catastrophe notes.
  • Former CEO of General Re Corp Ronald Ferguson has been sentenced to two years in prison for his role in a fraud involving Gen Re and American International Group (AIG) which led to large losses for investors.
  • Allied World increased its operating profit by 29 percent to $101.8mn and delivered strong top line growth in the third quarter.
  • Shares in London-based insurance services provider Charles Taylor Consulting (CTC) fell almost 30 percent last week after a profits warning.