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  • Catlin Group Ltd says the integration of Wellington Underwriting has gone well with more business retained than expected and only a small number of unplanned resignations from key staff.
  • German giant Munich Re is on track for 2006 after-tax profits of EUR3.2bn to EUR3.4bn, according to its chairman Nikolaus von Bomhard in an investor conference last week (9 January).
  • Marsh Inc has confirmed the launch of MaRI (Marsh Risk Innovations), a proprietary sidecar facility providing much needed US property catastrophe coverage.
  • CastlePoint Holdings Ltd, the Bermuda based (re)insurer formed last year by the US investment bank Friedman Billings Ramsey, plans to list on Nasdaq through an initial public offering (IPO).
  • Lockton International, the rebranded former Alexander Forbes International business, has recruited Julian James, the director of Lloyd’s, Worldwide Markets.
  • The fate of UK insurer Royal & Sun Alliance Group plc’s (R&SA) attempt to cut itself free from its US run-off business will be decided at a public hearing later this month.
  • Our monthly column keeping check on US and EU legal and regulatory developments
  • AM Best downgraded the financial strength rating of General Insurance Corp of India to A- from A.
  • Integro Ltd, the "fresh start" commercial broker launched in the wake of Spitzer's attacks on the US insurance industry, saw revenues grow last year – but it still has a long way to go before it can challenge the hegemony of Marsh, Aon and Willis.
  • Following the path of hedge-fund start-ups such as Bermudian Max Re Capital, set up in 1999 by Moore Holdings LLC, and successors CIG Re and Glacier Re, a number of standalone "unicycle" vehicles have emerged post-Katrina in search of direct access to pot