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  • The timing of Canopius Group Ltd's launch of a $250mn, class 3 Bermudian reinsurer, Canopius Bermuda Ltd, has raised eyebrows when rates are peddling downwards.
  • Canopius and Beaufort latest to confirm interest
  • Less than a year after Spitzer's departure, brokers are looking for additional revenues. But who will actually be paying?
  • QBE launches European reinsurance operation; Insurance industry ready to respond, says Levene; Price Forbes hires former Endurance energy underwriter; Hampden lists on AIM despite falling short with IPO...
  • New York law firms LeBoeuf, Lamb, Greene & MacRae LLP and Dewey Ballantine announced that they have entered into a definitive agreement to merge...
  • Bill Lerach, the veteran class action lawyer who represented Enron investors and other shareholders suing large corporations, will retire from the law firm he founded to fight allegations of improper activity...
  • Benfield Group has become the latest reinsurance broker to respond to the growth in insurance linked securities with the creation of a new team to advise on non-traditional risk transfer solutions.
  • Despite signs earlier in the year that demand was drying up for the vehicles, a new model of sidecar is emerging, with the recent launch of Mont Gele Re and Emerson Re.
  • Spreads of Lloyd's subordinated debt over the London Interbank Offered Rate (LIBOR) have widened since late July as concerns over US sub-prime mortgages hit credit markets.
  • Rating agencies and other analysts have provided welcome reassurance over (re)insurers' direct exposure to the ongoing sub-prime turmoil.