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  • The chairman of "Class of 2005" firm Flagstone Reinsurance Holdings said its nimble stature was key to its ability to ride through the softer market conditions.
  • Max Capital Group Ltd revealed net income slumped $72.3mn compared to the prior-year period, which has been attributed to losses on investments.
  • Shares in Highway Insurance Holdings plc nosedived after the UK motor specialist offered a bleak update on the sector leading to fears its dividend might be cut.
  • First quarter profits fell at US insurer HCC Insurance Holdings Inc following losses in its investment portfolio.
  • Berkshire Hathaway revealed first quarter net profits dropped by around 64 percent to $940mn from $2.6bn in the prior-year period.
  • The continuing saga of QBE Insurance's merger approaches to Insurance Australia Group (IAG) is beginning to take on the appearance of an Australian soap opera as twists and plot developments play out through the Australian Stock Exchange.
  • Italian financial services firm Generali Group’s interest in purchasing the UK’s second largest non-life insurer, RBS Insurance (RBSI), would be a “very significant financial stretch”, warned a leading insurance analyst.
  • The US Senate has rejected moves to add wind coverage to the federal programme that provides flood insurance.
  • Trading risk platform Insurance Futures Exchange Services (IFEX) is to facilitate margin trading during the North Atlantic wind season - in a move that may encourage greater activity on the derivative exchange.
  • Signs of recovery in the hard-pressed airline market are continuing with a 16 percent increase in April's hull and liability premium, according to Aon Aviation's latest report into the sector.