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  • Bermudian reinsurer Endurance Specialty Holdings has reported a small rise in income against a background of falling written premiums in the third quarter last week.
  • Low catastrophe losses drove Bermudian (re)insurer Aspen Insurance Holdings Ltd to a record quarter, it reported on 1 November.
  • Bermudian-headquartered (re)insurer, AXIS Capital Holdings Ltd, reported a 19 percent increase in operating income for the third quarter of 2007, capping eight straight quarters of "record profitability", according to its president and CEO, John Charman.
  • Reinsurance broker Guy Carpenter is developing five different trading indices with the first European index looking to go live as early as six months time.
  • Lloyd's (re)insurance intermediary CRS is poised to finalise a number of deals in preparation for run-off.
  • Validus Holdings-owned Talbot Underwriting has become the latest Lloyd's insurer to launch an Asian venture through the Corporation's Singapore platform.
  • London-based law firm Kendall Freeman has been looking for a partner for some time and so seasoned watchers were not surprised by its proposed tie-up with the US firm Edwards Angell Palmer & Dodge LLP (EAPD) that was announced late last month.
  • Cullum Capital Ventures (CCV), part of the Towergate group, recruited two teams from troubled property services group Erinaceous last month.
  • Stock in US insurance giant, American International Group Inc (AIG) continued its sharp slide in early trading today, losing 4.6 percent and reaching a new 52-week low as investor unease mounted over the group’s sub-prime investment exposures.
  • Bermudian insurance start-up Ironshore Inc’s American subsidiary has added to its US platform after completing the acquisition of admitted insurer Stockbridge Insurance Company from Folksamerica Reinsurance Company.