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  • Lloyd’s insurer Amlin plc has seen its premium income drop 7 percent so far this year reflecting the softer market conditions.
  • Renewable energy insurer GCube has opened for business offering up to $600mn cover per project, for onshore and offshore, with capacity provided by a consortium of Lloyd’s underwriters.
  • Aon Corp has continued to strengthen its European reinsurance arm as it prepares for the arrival of Geoff Bromley, the former chairman of Guy Carpenter’s European and Asian operations, next month.
  • The departures from Aon Natural Resources & Construction in London has continued with a number of key staff tendering their resignations recently, including Derek Thrumble.
  • With six significant M&A deals in the Lloyd's sector since the takeover of Wellington Underwriting by Catlin Group in December 2006 - including two agreed transactions last month - the theme looks set to continue this year.
  • New Marsh CEO Dan Glaser wasted little time in stamping his authority on the broker as the MMC subsidiary made its second management reshuffle in a matter of months as part of an organisational restructure to "improve efficiencies".
  • The London market has begun its fight back against "unfounded" findings in the EU competition inquiry into business insurance criticising subscription market practices.
  • Ex-Liberty Syndicates duo Sean Dalton and Andrew Elliot are poised to launch the latest reinsurance-to-close (RITC) Lloyd's syndicate, with funding to write in excess of £100mn of transactions on open years, The Insurance Insider can reveal.
  • Risk modelling firm Risk Management Services (RMS) is launching a series of natural catastrophe indices for US wind and quake, and European windstorm under the banner Paradex.
  • Recently listed UK run-off firm Randall & Quilter Investment Holdings (R&Q) has received approval to establish a Bermudian reinsurer, R&Q Re (Bermuda) Ltd, The Insurance Insider can reveal.