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  • Jardine Lloyd Thompson (JLT) looks set to continue its strategy of bolt on acquisitions after it emerged that the firm is in advanced talks to buy the London market (re)insurance broker Harman Wicks & Swayne (HWS).
  • The Texas Windstorm Insurance Association (TWIA) is set to buy $1.5bn in reinsurance cover with this year's North Atlantic hurricane season only days from its official start.
  • Ratings agency Standard & Poor's (S&P) has hit beleaguered Bermudian life reinsurer Scottish Re with a four notch downgrade sinking the firm deep into junk territory.
  • "Class of 2005" reinsurer Flagstone Reinsurance Holdings and Swiss headquartered reinsurer Glacier Re have cat bonds totalling $300mn in the capital market awaiting pricing, The Insurance Insider can reveal.
  • Aon Re Global has named Jan-Oliver Thofern as the new head of its German reinsurance arm, Aon Ruck.
  • French reinsurer SCOR has announced details and the launch of its London "hub".
  • Shrugging off a number of downbeat trading statements from rival Lloyd's insurers, Omega Insurance Holdings Ltd said last week that it is confident about its 2008 performance following a strong quarter.
  • A Florida pension fund is suing American International Group (AIG) accusing it of making misleading statements about the company's finances.
  • Canopius Group Ltd founding chairman Michael Watson said the group is no longer searching for potential buyers, following the publication of its "record results" for 2007 last week.
  • Swiss Re has received a licence to become an admitted reinsurer for the newly de-regulated Brazilian market from the country's regulator.