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TRIA ‘beautiful’, but conclusions over its future vary

North America16-04-2014

Uncertainty and partisanship over the likely form of a renewed TRIA is creating considerable ambiguity, leaving insurers to wrestle with contract wordings and rates in an evolving terrorism market.

Argo appoints new chief human resources officer

Bermuda, North America16-04-2014

Argo has appointed Kurt Alia as senior vice president and chief human resources officer. Alia will report to Argo CEO, Mark Watson.

Aon: claims outstripped premiums in airline aviation in 2013

Bermuda, Europe, North America16-04-2014

2013 airline aviation claims for global lead hull and liability outstripped premiums and the loss of Malaysian Airlines flight MH370 has done little to change a softening market.

PCS: Q1 cat season ‘middle of the road’

North America16-04-2014

PCS’s latest review of the North American catastrophe season found that the market suffered $2.2 billion of losses during Q1, slightly below the quarterly average of $2.5 billion.

Endurance attacks Aspen’s ‘entrenched’ position

Bermuda, North America15-04-2014

Endurance has said that Aspen’s rejection of its $3.2 billion offer for the company denies its shareholders an “opportunity to realise value”, adding that Aspen faces “limitations” if it continues to pursue its current go-it-alone strategy.

ACE launches global cyber risk practice

Bermuda, North America15-04-2014

ACE launches a global cyber risk practice, to be headed by Toby Merrill as division senior vice president, as studies show the significance of the cyber threat.

Munich Re and Willis Re extend their support to RMS (one)

Asia-Pacific, Europe, North America15-04-2014

Torsten Jeworrek, CEO of reinsurance at Munich Re has endorsed RMS’s new modelling platform RMS (one), stating that the re/insurer has chosen the system as its core platform for exposure management.

Global reinsurer capital hits record high

Asia-Pacific, Bermuda, Europe, Latin America, MENA, North America14-04-2014

Reinsurer capital has reached a record high of $540 billion, according to the latest report by Aon Benfield, providing some indication of the competitive dynamics facing the sector.

PartnerRe forms MENA professional lines partnership

Bermuda, MENA14-04-2014

Bermuda-based PartnerRe has established a strategic partnership with Chedid Re, one of the largest reinsurance brokers in the MENA region, to provide PI and D&O capacity in the region.

Willis makes Bermuda and capital markets appointments

Asia-Pacific, Bermuda, Europe14-04-2014

Willis has appointed David Spear, as vice president, senior health care in Bermuda; and Rui Huang and Quentin Perrot as senior vice president and vice president within its growing capital markets division.

Showing 4411 to 4420 of 5026 results

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