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  • Everest Re Group Ltd opened the mid-year reporting season for the Bermudian (re)insurers on the 24 July and set an upbeat tone with a strong set of figures.
  • Gallagher Global Risks, the London based international insurance arm of AJ Gallagher & Co, has recruited the former head of Lloyd's Spanish operations David Battman to the new post of Director of International Development & Strategy.
  • Bermudian-headquartered (re)insurer Lancashire Holdings Ltd is planning to form a UK licensed insurer, Lancashire Insurance Company (UK) Ltd (LUK).
  • HCC Insurance Holdings' stake in Heritage Underwriting Agency plc will more than halve once the Lloyd's insurer completes its plans to list on London Stock Exchange’s Alternative Investment Market.
  • Aeolus Re looks set to become the latest reinsurance vehicle to land on Bermudian shores, Insider Week can reveal.
  • John Byrne, formally of Gen Re subsidiary Cologne Reinsurance (Dublin) Ltd, has been banned from operating as a reinsurance specialist in the UK and Australia for five years as a result of his involvement in a series of financial reinsurance transactions.
  • French reinsurer SCOR has heralded last Wednesday's (19 July) launch of its EUR350mn subordinated bond issue to part-fund its Revios acquisition a "great success".
  • London-based reinsurance broker Cooper Gay has renamed its US domestic treaty operation following the departure of the unit's co-founder Michael Cashman less than a year after joining the firm.
  • The relentless quest by (re)insurers to manage down their reinsurance exposures is thought to have inspired a new approach to crystallising the industry's recoverables, Insider Week can reveal.
  • Munich Re said last week that it has recruited Ludger Arnoldussen from rival Swiss Re to its management board with responsibility for its Asian, Australasian and Africa division.