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  • Shares in Greenlight Capital Re leapt 21 percent after its debut on the Nasdaq electronic exchange trading exchange last week.
  • Lloyd’s start-up Ark Syndicate Management has launched its terrorism, war and political risk business with former Wellington underwriter Simon Low at the helm.
  • Lloyd's insurer Heritage Underwriting Agency plc is to add an international treaty team later this year headed by former Ascot underwriter James Braddock.
  • Ironshore Inc has made its entry into the professional liability sector with an onshore US platform, a move predicted by The Insurance Insider earlier this month.
  • The long-awaited trial of the ‘Independent Three’ – the former directors of the collapsed UK insurer Independent Insurance - is set to start tomorrow (30 May) at Southwark Crown Court, London.
  • Despite winning the support of Converium’s board with an increased bid, SCOR’s attempts to buy its rival have been further frustrated by the Swiss Takeover Board (STB).
  • Paris Re, the former reinsurance arm of AXA Re, has confirmed plans to list on the Paris based, European Stock Exchange, Euronext, a year after it was acquired by a consortium of private equity firms.
  • QBE Insurance (Europe) has merged its London casualty operations to create an £850mn premium-income underwriting unit.
  • The global insurance industry is facing emerging risks, providing unparalleled opportunities for new product development, yet it needs support from the regulatory system in order to operate in a stable environment...
  • Increased capacity and a low loss record are combining to soften the energy market and prices will fall "a good deal further" in the absence of catastrophe losses, according to a report published by Willis Group Holdings last week.