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  • European reinsurers enjoyed a "solid start" in the first quarter of 2006, underlined by underwriting profits, stronger capitalisation and stable ratings, according to a report from reinsurance broker Benfield.
  • Berkshire Hathaway chairman and chief executive Warren Buffett has revealed his plans to give away a large part of his personal wealth to charity.
  • Bermudian (re)insurer Allied World Assurance Company (AWAC) has revealed that it is under investigation by the Texas attorney general for restraint of trade and other business practices.
  • UK-listed Jardine Lloyd Thompson Group plc (JLT) announced last week that it has successfully completed the first stage of its peer-to-peer electronic trading with the G6 group of insurers.
  • US domiciled reinsurer OdysseyRe has launched a new £25mn capitalised UK insurance company that will focus on writing casualty lines.
  • Quoted Lloyd's insurer Hardy has announced that it will form a new non-marine syndicate for 2007, which will be led by Clal Insurance Syndicate 1301 underwriter Patrick Gage.
  • Lloyd's insurer Kiln plc is planning to expand its 2007 capacity to over £1bn - making it one of the largest Lloyd's insurers by stamp.
  • The Lloyd's Market Association (LMA) has appointed David Powell as motor manager, replacing the retiring Roger Jones.
  • UK-listed (re)insurer Chaucer Holdings plc has announced a £40mn increase in capacity for next year.
  • Bermuda-headquartered Catlin Group has announced that it will form a crisis management underwriting team in London to write product recall and kidnap and ransom (K&R) business.