News
News
Marsh has announced the launch of a new directors and officers liability (D&O) Panel, giving clients facing securities litigation access to defence counsel on a pre-approved basis. 20 June 2014
News
Hamilton Insurance Group has announced that, pending requisite approvals from Bermudan immigration authorities, Bob Deutsch will be joining the company in the newly-created position of chief strategy officer. 20 June 2014
News
XL Group is continuing the expansion of its global excess casualty team with the appointment of Joanne Damsky as senior underwriter in San Francisco. 20 June 2014
News
Moody’s has lowered its outlook on the global reinsurance sector to negative, citing an oversupply of capacity and low interest rates. 19 June 2014
News
Endurance is contacting Aspen shareholders directly in an attempt to force a decision regarding its proposal to increase the size of Aspen’s board and authorise support for its scheme of arrangement as it looks to forge ahead with its hostile M&A move. 19 June 2014
News
Despite continuing M&A overtures from Endurance, Aspen Insurance has announced that it will be opening a regional hub in Miami to service the burgeoning Latin American market. 19 June 2014
News
Marsh has strengthened its presence in Panama after it acquired a majority stake in broker Semusa, a company that has acted as the local representative of Marsh for 15 years. 19 June 2014
News
XL Group has launched a dedicated cyber and technology risk unit for the US and Canada in response to what it believes to be rapidly growing demand for cover. 19 June 2014
News
At a gathering of the UK’s leading risk managers, Mike McGavick, CEO of XL Group, told risk managers “it’s a great time to be in your jobs, there is great opportunity for you to lead your organizations’ thinking about risk.” 19 June 2014
ILS
Aon Benfield Securities has announced the launch of CATstream – a new client facility that offers cedants faster and more efficient access to capital markets capacity for catastrophe risk. 18 June 2014
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