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  • Lockton International, the ambitious arm of US broker Lockton Inc, has appointed former JLT exec Tony Hardy as managing director, Global Casualty, to build its business in the North American, European and wider international markets.
  • Sal Zaffino, the chairman of Guy Carpenter & Co since 1999, has retired from the firm, the reinsurance broker confirmed last week.
  • Risk Management Solutions (RMS) has released the "RMS Infectious Disease Model", the first commercially available probabilistic model for assessing the risk of influenza pandemics across multiple countries.
  • QBE Insurance Group pointed to its recent foray of international acquisitions as deliverers of future growth, while joining the ranks of underwriters unveiling record 2006 results.
  • IPC Re's chief executive Jim Bryce has warned that the industry is now at a pricing crossroads and encouraged reinsurers to consider returning funds to shareholders to avoid excess capital chasing down rates.
  • Stephen Way has formally completed his departure from HCC Insurance Holdings, the company he founded in 1974, at the same time as the firm announced a 79 percent leap in profits last year.
  • The sale of shares in subsidiary Odyssey Re boosted the fourth quarter profits of Canadian combine Fairfax Financial Holdings to $159.1mn.
  • Delaware insurance commissioner Matthew Denn had some harsh words for Royal & Sun Alliance (R&SA) despite giving the green light to spin-off its run-off US subsidiary last week.
  • Rating agency AM Best said Friday (23 February) it expects recent steps to effectively nationalise Florida's property cat reinsurance market will result in a significant decline in sidecar and start-up operations.
  • Adrian Ryan, one of John Charman’s key lieutenants at AXIS Capital until his departure last year, has teamed up with Sean Dalton and Andrew Elliott, the former managing director and head of underwriting at Liberty Syndicates, to plan a new Lloyd’s syndica