News relating to the Bermuda and international insurance and reinsurance industry.
Endurance has announced that Richard Housley has joined the company as executive vice president and global practice leader for property insurance.
XL Group’s North America primary casualty business is operating under a new label: global risk management.
Validus’ first quarter results provide some indication of the tough market conditions facing the reinsurance sector in 2014.
Aon Benfield has appointed Luis Jose Pardo as CEO of its Peruvian operations, with a focus on driving growth and managing clients in the country’s robust re/insurance sector.
Willis has announced the appointment of Alexis Faber as Practice Leader of FINEX North America, Willis’ management liability specialty practice group.
Aspen has increased its quarterly cash dividend on ordinary and certain perpetual preference shares, while Platinum Underwriters has ramped up its share repurchase programme.
ACE has released a white paper arguing that cloud computing will be a ‘defining utility’ for the 21st Century, but that it is one not without potential risks.
Cyber risks facing the retail sector are at far higher levels than those of their non-retail peers in the US-listed Fortune 1000, a report by Willis has found.
Everest Re posted strong growth but a decline in net profits in its first quarter results, as alternative capacity becomes an increasing part of its reinsurance offering.
Aspen has reported strong results across the board for the first quarter of 2014, reflecting the successful execution and growing impact of its strategic levers, in what is likely to be a compelling rebuttal to Endurance's overtures.