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  • The start-up Lloyd's insurer Ark Syndicate Management will add accident & health to its list of classes next year following its swoop for senior class underwriters at St Paul Travelers Syndicate 5000 and American International Group (AIG).
  • Jonathan Thomas, the former underwriter of personal accident (PA) specialist Syndicate 1607, has joined the Munich Re backed Watkins Syndicate.
  • Bermuda is set to welcome Iron Re – a class 3 (re)insurer for corporate asbestos liability risk backed by hedge funds – according to documents seen by The Insurance Insider.
  • Investment bank to structure adverse development cover ILS products
  • Robert Bredahl, the global head of Benfield Advisory and president of Benfield Inc, has sold all of his stock in the reinsurance intermediary.
  • Our pre-Monte Carlo executive briefing highlights the expanding horizons of Trading Risk, focussing on capital markets solutions available to reinsurance buyers, such as cat bonds, ILWs, and cat futures, as well as the post-Katrina phenomenon of the sidecar...
  • Between cocktails and canapes (and back-to-back meetings) a guestlist of industry rainmakers debate the growing role of non-traditional players, fears over increased government intervention in the private reinsurance sector, the sub-prime effect and Trading Risk platforms...
  • Markel International, part of the stream of Lloyd's insurers opening a Singapore platform, has confirmed former Marsh Asia executive Peter Phillips will head its new office.
  • Bermuda-headquartered Lloyd’s insurer Hiscox Ltd has begun a share buyback scheme after purchasing 839,699 ordinary shares.
  • Consistent profitability and predicted favourable returns have prompted rating agency Moody's to upgrade QBE's non-marine liability Limit Syndicate 386 from A- (good) to A (very good).