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  • Hank Greenberg's Starr International Co has continued to build its relationship with Berkshire Hathaway with the acquisition of the Dallas-based Republic Insurance Co.
  • Arthur J Gallagher & Co has acquired Singapore-based broking house ITI Solutions for an undisclosed consideration
  • Giant German Munich Re has become the first international reinsurer to receive a nationwide composite operating license in China as penetration into the tightly controlled domestic market gathers pace.
  • Bermudian cat specialist IPCRe reported a rise in first quarter net operating profits from $68.5mn to $92.8mn, despite an active period for natural catastrophe and large risk losses.
  • Hardy Underwriting has pressed on with its share buyback programme after the Japanese earthquake and tsunami on 11 March.
  • Novae Group's medical malpractice underwriting manager, Bill Edrich, has been appointed underwriting director of its insurance company, Novae Insurance Company Limited (NICL).
  • Lloyd’s insurer Beazley has announced 2003 results in line with analysts’ forecasts.
  • French reinsurer SCOR today (31 May) revealed a disappointing set of first quarter results, as the repercussions of the crisis it slipped into during the latter half of 2003 continued to dog its recovery.
  • Giant reinsurer Swiss Re told its investors last week (15 June) that it continues to see favourable conditions in the property casualty business it writes, and expects to meet its combined ratio target of 96 percent for the year.
  • In a surprise move, reinsurance giant Swiss Re announced last week that Jacques Aigrain will succeed John Coomber as its chief executive.