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  • Tony Latham, the long-serving head of Global Relations at Royal & Sun Alliance, is set to leave the UK headquartered insurer next year, Insider Week can reveal.
  • 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.
  • 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.
  • Aviva plc has received regulatory approval to open another office in China bringing its total of offices in the country to 13.
  • Lloyd's syndicates will have access to a pool of securitised reinsurance capacity next year with the creation of Thunderbird Re, a Cayman Islands domiciled special purpose reinsurer.
  • Lloyd’s insurer Heritage Underwriting Agency plc has this morning (20 July) named its new active underwriter on Syndicate 1200 as Nick Jones, promoted to replace the recently departed Les Rock.
  • Lloyd’s insurer Heritage Underwriting Agency plc confirmed this morning (18 July) its intention to float on the Alternative Investment Market (AIM) of the London Stock Exchange, with shares trading from 1 August.
  • US insurer WR Berkley announced last week that C. Fred Madsen has joined the firm as senior vice president of reinsurance operations.